New Delhi, July 22 -- India's third largest airline in terms of market share, Akasa Air's financial performance in FY25 improved as per the airline's chief financial officer (CFO) Ankur Goel, with a revenue growth of 49% year-on-year (y-o-y).

Akasa also registered a 48% y-o-y jump in Available Seat Kilometres (ASK)-the passenger-carrying capacity of an airline. Its fleet grew 50% to a current fleet strength of 30 aircraft, all from the Boeing MAX 737 family.

Akasa's Available Revenue per Available Seat Kilometer (RASK) stood at 13%. On the other hand the Cost per Available Seat Kilometer (CASK) was under 10%. RASK is a metric to measure how much revenue and airline makes per seat. CASK is the cost of operating one seat.

"Our CASK stood...