Page 12 - Air India Express

AirAsia India-Air India Express merger likely by 2023-end: Air India

Air India on Wednesday said an operational review process is underway to integrate budget carrier AirAsia India with Air India Express and the merger is likely by the end of 2023. Tata group-owned Air India has also signed agreements to have a 100 per cent stake in AirAsia India. The carrier is a joint venture between Tata Sons and Air Asia Investment Ltd. Tata Sons has an 83.67 per cent stake and the remaining 16.33 per cent shareholding is with AirAsia. The merger, likely by the end of 2023, is aimed at having a single low-cost carrier for the Air India group. Post-merger, the entity will be branded as Air India Express, according to a statement. AirAsia India was launched in 2014 while Air India Express started operations back in 2005. The consolidation of the two low-cost carriers -- AirAsia India and Air India Express -- will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata group's airline business, Air India said in a statement. "The .

AirAsia exits AirAsia India, sells 16.33% stake to Air India for Rs 156 cr

Malaysian carrier's India foray ends after eight years; Tatas are working to merge AirAsia India with low-cost service Air India Express

Air India Express begins direct flight service between Vijayawada, Sharjah

Air India Express' direct flight service between Vijayawada and Sharjah in the UAE was inaugurated by MPs Vallabhaneni Balashowry and Kesineni Srinivas at the Vijayawada International Airport on Monday. As the first flight from Sharjah, with about 60 passengers on board, landed at the airport at around 4:35 pm, it was welcomed with the customary water cannon salute. The Boeing 737 aircraft departed for Sharjah at 6:35 pm. Air India Express will operate the service twice a week -- Monday and Saturday. Air India Express is also going to start the Vijayawada-Muscat biweekly service from November 5, Air India authorities said.

Running airline in JV a challenge, says Air India CEO Campbell Wilson

'Air India already has scale... we are not doing this from scratch. We are doing this from a running start', said Wilson

Singapore Airlines confirms Vistara-Air India merger discussions

SIA, however, has cautioned its investors that there is no certainty of a deal

Indian airlines revamp their in-flight menus amid intense competition

Air India latest carrier to update menu, but others have tweaked their offerings too

Air India processes refunds worth over Rs 150 crore after privatisation

Handles 250,000 refund cases in just the first few months since Tatas took over, says eligible request lodged on website will typically be processed within 2-3 days

Air India Express incurs net loss for the first time in seven years

Before FY22, Air India Express was in the red in FY15, when it posted a net loss of Rs 61 crore

Five-year transformation goal: Air India eyes 30% domestic share

Air India, as it operates wide-body planes with bigger fuel tanks, is the market leader on long international routes that reach as far as the US

AI Express B737 engine catches fire at Muscat airport, all 141 evacuated

Plane was taxiing towards runway when crew of another aircraft noticed fumes, alerted pilots

Fire in AI Express plane's engine at Muscat airport; 151 people evacuated

As many as 141 passengers were evacuated from an Air India Express plane at Muscat airport on Wednesday following a smoke warning, according to an airline source. The incident happened while the Kochi-bound Boeing 737-800 aircraft was taxiing and after the warning, the passengers were evacuated as a precautionary measure, the source said. There were 141 passengers and six crew members onboard the aircraft that was operating flight IX 442, the source said. Aviation regulator DGCA will probe the incident, according to an official. Alternative arrangements are being made to bring the passengers from Muscat to Kochi, the source said.

Tata Sons may have to write off Rs 2,600 cr AirAsia India's losses: Report

Tata Sons will likely have to write off Rs 2,600 crore in form of accumulated losses for AirAsia India, which Tata Group-owned Air India has proposed to fully acquire

Air India, Air India Express to get new jets ahead of holiday season

Tata Group is planning to get six Boeing 777-2000 aircraft and 25 Airbus A320 Neo aircraft on lease by the first quarter of 2023 to expand the capacity of Air India and Air India Express

Air India offers to compensate staff facing eviction from housing colonies

Unions move Bombay HC to challenge the proposed ejection from colonies in Mumbai

3 emergency landings of international airlines in India in last 48 hours

All emergency landings happened because of various technical issues

Bird found mid-air in cockpit of Air India Express' flight on July 15

The bird was found in the glove compartment on co-pilot's side when the plane was at 37,000 feet altitude, the DGCA officials noted

Air India Express flight to Dubai diverts to Muscat due to burning smell

It is said the burning smell was from one of the vents in the aircraft's galley

Air India mulls working with private ground handlers after flight delays

AIASL serves Air India at all airports except Delhi, Bengaluru, Hyderabad, Mangalore, and Thiruvananthapuram

Air India Express to add four Boeing 737s to meet growing demand

Air India Express currently has 24 Boeing 737 planes in the fleet. It lost one plane in the Kozhikode plane crash in August 2020

CCI clears Air India's acquisition of AirAsia India stake, helping merger

At present, the Tata group owns and operates four airlines - Air India, Air India Express, AirAsia India, and Vistara. Air India and Vistara operate on both domestic and international routes