# Akasa Air loss widens 37% to Rs 2,716 crore on rupee fall 2026-08-13T03:35:30+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Akasa Air’s consolidated net loss widened 37 per cent to Rs 2,716 crore in FY26, driven by rupee depreciation, the airline reported on August 11. Revenue from operations rose 37 per cent year-on-year to match capacity growth of 30 per cent, but mark-to-market forex losses pushed the carrier deeper into the red. It added ten aircraft last fiscal, expanding its network to 32 destinations, with international routes accounting for 23 per cent of capacity. The Hindubusinessline.com reports that CFO Ankur Goel said unit economics have improved, but the net loss is masked by accounting forex losses. ICRA placed the airline’s rating on watch with negative implications in June, citing cash losses funded by sale-and-leaseback inflows. The extent of losses in FY27 due to the challenging environment is a key monitorable, ICRA noted. ## Coverage - thehindubusinessline.com Tags: airline losses, Akasa Air, aviation, FY26 results, ICRA rating, rupee depreciation Canonical: https://indianopinion.org/akasa-air-loss-widens-37-to-rs-2716-crore-on-rupee-fall/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/akasa-air-loss-widens-37-to-rs-2716-crore-on-rupee-fall/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.