AIE, which is the international budget arm of the state-run Air India, also said it plans to take on lease eight brand-new Boeing B737-800 NG aircraft in the current fiscal, which would help it expanding its presence pan-India.
"With the induction of these new aircraft, the company aspires to gain a pan-Indian presence to tap international market opportunities from other tier II cities as well," Air India Express said in a release.
The carrier currently has 17-owned Boeing 737-800s in the fleet.
The Kochi-based carrier, which commenced its operations a decade ago, at present operates air services from 11 domestic airports, primarily in tier-II/III cities, to 12 international destinations spanning over the Gulf and South East Asian region.
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Almost 50 per cent of its flights take off from airports across Kerala.
The airline also said that it has seen profit, in 2014-15, for the first time since its launch in 2005, adding, "the passenger carriage grow by a healthy 13.8 per cent to 3.10 million while operating revenue surged by 10 per cent to about Rs 2,600 crore in the just-concluded fiscal."
The airline has also increased free baggage allowance limit to 30 kg on its flights from the Gulf to mark 10-years of operations. The enhanced baggage allowance offer is valid till May 31, it said.