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Akasa Air creates new GIFT City firm to unlock cheaper aircraft financing

Business
Published on 8 May 2026
Akasa Air creates new GIFT City firm to unlock cheaper aircraft financing

A new IFSC company could reshape Akasa’s leasing costs

Akasa Air has set up a new entity at Gujarat’s GIFT City to strengthen its aircraft financing and leasing operations. The company, Akasa Air Leasing IFSC Private Limited, is expected to help the airline access better funding terms while improving flexibility and lowering costs through an IFSC framework.

  • Akasa Air launched an IFSC entity at GIFT City
  • The firm will focus on aircraft financing and leasing
  • Expected benefits include improved financing terms and flexibility
  • Cost efficiency is a key goal of the move
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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