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The global aviation industry has been transformed as the post-pandemic reopening unleashed a wave of pent-up travel demand that's sent ticket prices surging faster than inflation
As it looks to tap the growth opportunities and group synergies, Air India Express Managing Director Aloke Singh on Wednesday said the airline will focus on the cost side and transformation plans in 2024-25. Air India Express is in the process of merging AIX Connect, formerly AirAsia India. "In 2024-25, a lot of synergies will be unlocked... there will be a laser focus on the cost side," Singh said. The two airlines are part of the Tata Group, which is also in the process of merging Vistara with Air India. There will be cross feeds between Air India long haul flights and domestic short haul flights, he said and added that there is substantial growth coming in. With the network and the new fleet coming in, there will be a significant upside on the revenue and cost side, Singh said. Speaking at the CAPA India Aviation Summit 2024 in the national capital, Singh also said that for the next five years, he does not see any issue of bilateral flying rights impacting its growth.
Tata Sons' deal with Temasek is expected to value Tata Play at around $1 billion, or around Rs 8,300 crore
AirAsia India and Air India Express currently have 28 and 26 planes in their respective fleets
According to a report, the office of the Governor of Karnataka has written to the AAI protesting the incident
FutureBrand, a London-based design and branding consultancy firm will rework Air India's identity as the carrier aspires to compete against Emirates and Singapore Airlines
While the difference in ticket prices is obvious between the two kinds of carriers, there are other differences too. Read more to find out
People in the know said that while CCI's scrutiny is unlikely to have any material impact on the business of the airlines, it could affect the timeline of the merger
The two carriers, Air India Express and AirAsia India, have also adopted a common social media and customer support channel; air operating permits and regulatory posts to be merged later
The integration of Air India Express and AirAsia India is expected to be complete by the end of next financial year and the merged entity will have "enormous growth opportunities" in the coming years, according to a top executive. Air India, Air India Express, Vistara and AirAsia India, now rebranded as AIX Connect are part of the Tata Group. The merger process of Air India Express and AirAsia India as well as that of Vistara with Air India is underway. Air India Express CEO Aloke Singh on Monday said the businesses of the airline and AIX Connect are complementary. The merged entity of Air India Express and AirAsia India will look at large growth opportunities and also unlock the synergies between the two carriers, Singh said. Speaking at the CAPA aviation summit here, he also said the merger of the two carriers is expected to be complete by the end of next fiscal. Singh is now in charge of both Air India Express and AirAsia India. Meanwhile, during another session, Vistara CE
Aviation regulator DGCA is probing an incident where a fairing panel was found missing on the wing of an AirAsia plane that landed at the airport here on Monday, according to a senior official. The aircraft, carrying 143 passengers, had landed from Bengaluru. In aviation parlance, an aircraft fairing is a structure whose primary function is to produce a smooth outline and reduce drag. "AirAsia India flight i5-612 from Bengaluru to Mumbai reported a section of a fairing panel missing during post-flight inspection," the airline said in a statement on Tuesday. The panel was not a load-bearing member of the aircraft structure, it added. A senior DGCA official said the matter is being investigated by the regulator. The airline also said necessary inspections were carried out. The panel has been replaced and the aircraft has been released for operations, it added.
Full service carrier Vistara is looking to rope in pilots on deputation from budget airline AirAsia India to ensure adequate crew for its expanding fleet of A320 planes, according to sources. Both airlines are part of the Tata group and the latest move indicates efforts to have more synergy as well as optimal use of manpower among group carriers. Tata group also owns Air India and Air India Express. Vistara -- a joint venture between the Tatas and Singapore Airlines -- has a fleet of 53 aircraft. These include 41 A320s and five A321s. The airline is planning to increase the fleet to 70 planes by December 2023. AirAsia India operates a fleet of A320 planes. "Vistara has sought some pilots from AirAsia India on deputation in view of the induction of new aircraft, a proposal which the budget carrier has consented to," one of the sources told PTI on condition of anonymity. Both Vistara and AirAsia India declined to comment on the matter. According to the sources, Vistara has been ..
Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control
Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel
AirAsia India's two A320 aircraft, which were heading from Delhi to Srinagar, returned to national capital as they faced technical snags mid-air within a span of approximately six hours on Saturday. The Delhi-Srinagar flight I5-712, which was being operated on A320 aircraft with registration number VT-APJ, took off from the Delhi airport at around 11.55 AM, a passenger who was on this flight told PTI. After the plane was mid-air for about half an hour, the pilot announced that the aircraft (VT-APJ) is facing a technical snag, the passenger stated. VT-APJ aircraft safely returned to Delhi airport at around 1.45 PM with all the passengers, the passenger stated. Another A320 aircraft with registration number VT-RED was arranged by the airline to conduct the I5-712 flight so that the stranded passengers could be taken to Srinagar, the passenger said. Some time after the second plane took off, the pilot announced that this aircraft (VT-RED) too has developed a technical snag and it wil
It will lease office space of 70,000 square feet to 'optimise resources, increase team work'.
Domestic traffic has shrunk 38% in first three weeks of Jan, forcing airlines to adjust schedules. Overall industry-wide number of daily departures down to 1,600-1,800 from over 2,500 last month
The top two players will control 80% of industry revenue
Air travel in FY 2021 was marred by Covid-19 pandemic which led to two-month suspension of flights, grounding of fleet and losses.
If the Tatas successfully acquire Air India, the conglomerate is likely to integrate AirAsia with Air India's low-cost subsidiary, Air India Express