News
AirAsia India to merge with Air India Express
November 4th 2022
Air India will create a single LCC by merging AirAsia India and Air India Express following AirAsia Aviation Group Limited’s confirmation it had agreed a price with the flag carrier's owner for the sale of its remaining equity in AirAsia India. Read More » Air India, 100% owned by conglomerate Tata Sons, has started an operational review to combine AirAsia India and Air India Express and established a working group led by AirAsia India CEO, Sunil Bhaskaran, and Air India Express CEO, Aloke Singh, to oversee the integration. “We are excited to initiate the creation of a single Air India Group low-cost carrier,” Air India CEO, Campbell Wilson, said. “This is a key step in the rationalisation and transformation of the group. We will be working closely with our management teams and staff throughout the process. We look forward to the many opportunities a stronger AI Group low-cost carrier will offer customers and staff alike.” The merger is planned for completion by December 2023.
