HomeBusinessakasa air incurred a loss of rs 1670 crore in the last...

akasa air incurred a loss of rs 1670 crore in the last financial year


YEARS

SNV Aviation Pvt Ltd said in a filing to the Ministry of Corporate Affairs, “The total income of the company on standalone basis stood at Rs 3,144.38 crore in the last financial year, which was Rs 777.84 crore in the financial year 2022-23.

Akasa Air's loss increased to Rs 1,670.06 crore in the last financial year. However, the total income of the company has increased to Rs 3,144.38 crore during this period. According to data obtained by business intelligence platform Tofler, the net loss of the airline, which has been operating for almost two years, stood at Rs 744.53 crore in the financial year 2022-23. In the last financial year, the company had 24 aircraft in its fleet.

During this period the company operated more than 110 flights daily. “On standalone basis, the total income of the company stood at Rs 3,144.38 crore in the last financial year, which was Rs 777.84 crore in the financial year 2022-23,” Akasa Air's parent company SNV Aviation Pvt Ltd said in a filing to the Ministry of Corporate Affairs. The total expenditure of the company increased to Rs 4,814.44 crore in the financial year 2023-24, which was Rs 1,522.27 crore in the previous financial year.

Disclaimer: Prabhasakshi has not edited this news. This news has been published from PTI-language feed.



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