Async functions require an event loop to run. Flask, as a WSGI application, uses one worker to handle one request/response cycle. When a request comes in to an async view, Flask will start an event loop in a thread, run the view function there, then return the result.
Each request still ties up one worker, even for async views. The upside is that you can run async code within a view, for example to make multiple concurrent database queries, HTTP requests to an external API, etc. However, the number of requests your application can handle at one time will remain the same.