India's Youngest Airline Seeks Funds As Iran War Drives Up Costs: Report
Tuesday, 14 July 2026Newsdesk
The US-Iran war triggered flight disruptions and a surge in jet-fuel prices - which accounts for about 40 per cent of an airline's operating costs - creating fresh financial pressure.
New Delhi 14 July 2026
As per news report of NDTV,Akasa Air is looking to raise 10.5 billion rupees ($110 million) through equity and debt, people familiar with the matter said, as India's youngest airline seeks funds to overcome challenges brought on by the Iran war.
Source - NDTV
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