Air India Express to Increase Flights, Expand to Nepal, Bangladesh, Sri Lanka
By Rediff Money Desk, MUMBAI Feb 28, 2024 16:56
Air India Express plans to increase flights by 40% and launch services to Nepal, Bangladesh, and Sri Lanka, as part of its fleet expansion and merger with AIX Connect.
Mumbai, Feb 28 (PTI) Low cost carrier Air India Express plans to operate 40 per cent more flights in the next financial year as well as start services to Nepal, Bangladesh and Sri Lanka, sources said on Wednesday.
The Tata Group-owned airline -- which is in the process of merging AirAsia India, now rebranded AIX Connect -- is expanding its fleet and expects to complete the acquisition of 50 white tail Boeing 737 Max aircraft by December this year, the sources close to the development said.
At least 13 of these 50 planes have already been inducted into its fleet.
Currently, it operates 350 flights daily and has a fleet of 69 planes.
Generally, a white tail aircraft means that it was actually meant to be delivered to another carrier by the manufacturer. In this case, another source in the know said the planes that are being taken by Air India Express were originally for a foreign carrier, which decided not to go ahead with the order amid pandemic woes.
Going forward, the sources said the airline will focus more on consolidating its operations on the domestic routes and will not be adding many destinations locally. Services will be introduced in few international routes, including Nepal, Bangladesh and Sri Lanka.
In the next fiscal, the carrier plans to operate 40 per cent more flights as the fleet will also be expanded, the sources said. More number of flights and services to new destinations will be introduced during the upcoming summer and winter schedules.
Summer schedule starts from late March to late October and winter schedule commences from late October to late March.
At present, the airline has around 1,300 pilots, including 400 from AirAsia India. About 400 pilots are under training, they added.
Regarding the progress on merging AIX Connect with Air India Express, the sources said the merger is expected to be completed by the second quarter of the next financial year.
Once the merger is fully complete then all the planes of AIX Connect will be under the air operator permit of Air India Express.
Currently, three A320neo planes of AIX Connect are under Air India Express' air operator permit.
The Tata Group-owned airline -- which is in the process of merging AirAsia India, now rebranded AIX Connect -- is expanding its fleet and expects to complete the acquisition of 50 white tail Boeing 737 Max aircraft by December this year, the sources close to the development said.
At least 13 of these 50 planes have already been inducted into its fleet.
Currently, it operates 350 flights daily and has a fleet of 69 planes.
Generally, a white tail aircraft means that it was actually meant to be delivered to another carrier by the manufacturer. In this case, another source in the know said the planes that are being taken by Air India Express were originally for a foreign carrier, which decided not to go ahead with the order amid pandemic woes.
Going forward, the sources said the airline will focus more on consolidating its operations on the domestic routes and will not be adding many destinations locally. Services will be introduced in few international routes, including Nepal, Bangladesh and Sri Lanka.
In the next fiscal, the carrier plans to operate 40 per cent more flights as the fleet will also be expanded, the sources said. More number of flights and services to new destinations will be introduced during the upcoming summer and winter schedules.
Summer schedule starts from late March to late October and winter schedule commences from late October to late March.
At present, the airline has around 1,300 pilots, including 400 from AirAsia India. About 400 pilots are under training, they added.
Regarding the progress on merging AIX Connect with Air India Express, the sources said the merger is expected to be completed by the second quarter of the next financial year.
Once the merger is fully complete then all the planes of AIX Connect will be under the air operator permit of Air India Express.
Currently, three A320neo planes of AIX Connect are under Air India Express' air operator permit.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
Chennai Firm Gifts 28 Cars, 29 Bikes to Employees
A Chennai-based structural steel company, Team Detailing Solutions, has gifted 28 cars...
Eaton Expands Puducherry Facility, Doubles...
Eaton inaugurates a new electrical manufacturing facility in Puducherry, aimed at...
Karur Vysya Bank Opens 3 New Branches in Tamil...
Karur Vysya Bank expands its network in Tamil Nadu with 3 new branches in...