Akasa Air

The firm is exploring sectors such as defense supply chains and import substitution, particularly businesses that manufacture in India products that are currently imported.

Add existing investments like Adani Ports and Akasa Airlines, and the picture becomes clearer.

The strategy seems to be shifting toward fewer flyby investments, more conviction, and a bigger ownership stake in businesses Premji Invest believes can go the distance.

Now, from investors trying to own more of the future, let's move to a company that's shutting down a major piece of its present.

Passenger load factors also have declined.

Akasa Air, though, has reported the highest load factor at eighty-seven percent, but that itself is down from about ninety-five percent in July.

SpiceJet is at eighty percent.

Indigo, seventy-nine percent.

And Air India, as we all know and as my colleague Rachel told you just a few days ago, has to fix itself before it can even consider a listing.

Akasa Air is still a few years away from one.

So to own a slice of Indian aviation, IndiGo is the only serious way in as of now.

And what sits behind that door is huge.

And, you know, India, you've got lots of carriers, as ever, lots of carriers developing.

Akasa Air is moving forward pretty quickly.

Swiftly, they were an ambitious operator in the region.

You see a regional carrier Fly 91 ordering, I think it was 40 ATRs earlier this month.