Akasa Air IPO in 2-5 Years? Profitability Key Amid IndiGo Crisis

• Akasa Air's CEO expects the airline to launch its IPO within the next 2-5 years.
• Late investor Rakesh Jhunjhunwala was an early promoter of Akasa Air, investing during the pandemic.
• Akasa Air has issued ESOPs to employees, including key board members, to retain talent ahead of a potential IPO.
• Currently, Akasa Air holds a 5% market share and has negative EBITA, indicating a need for improved profitability before a strong IPO.
• Experts suggest investors are looking for an alternative to Indigo, making Akasa Air's IPO appealing if the airline becomes profitable.

Why It Matters: Akasa Air's potential IPO offers investors a new aviation option beyond IndiGo.