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This episode of CFO Talk features Ankur Goel, CFO of Akasa Air, in conversation with Amol Dethe, Editor of ETCFO, discussing Akasa’s financial strategy, focusing on navigating volatility and ensuring liquidity to build a cost-efficient yet scalable business model in one of the world’s most dynamic aviation markets.
In the face of challenges like rising fuel prices, forex volatility, demand shocks, and even rupee fluctuations, Goel affirms, “Cash is the only thing that sustains you in tough times”.
In the multi-revenue airline business, Goel highlights ancillary revenue as a value lever and lucrative stream that offers customer choice without raising base fares. While some global peers earn up to 30% from ancillaries, Akasa aims to balance experience with economics.
Despite past airline failures in India, Goel ends on an optimistic note: “India’s time has come. It’s not just the opportunity, but the ecosystem that’s changed.”
Watch the full CFO Talk episode for more insights.
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Economic Times
