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A ir India Group has successfully completed the operational integration and legal merger of Air India Express Ltd and AIX Connect Pvt Ltd, formerly known as AirAsia India, into a larger low-cost ...
Air India Express is in the process of merging AIX Connect (formerly AirAsia India) with itself and the entity will be the low cost carrier of the Tata Group.
Air India Express’s fleet stands at 88 aircraft, and Air India expects this to reacg 100 by the end of the current financial year on 31 March 2025. The Air India-Vistara merger is also moving ahead.
The merger of AirAsia India/AIX Connect with AIX to create a low-cost carrier was announced in 2022. The National Company Law Tribunal approved the merger on June 12.
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Air India Express-AIX Connect merger will drive long-term sustainable profitability: MD Aloke SinghAir India Express, Tata's budget carrier, merged with AIX Connect to boost profitability and scale. Despite increased income, Air India Express reported a loss in FY24, while AIX Connect reduced ...
Apart from Air India Express-AIX Connect integration, Air India is merging Vistara with itself. Vistara is a joint venture between Tatas and Singapore Airlines, in which the former holds a 51% ...
Air India Express is currently in the process of a merger with AirAsia India, established by the Tata Group as a joint venture with AirAsia of Malaysia in 2013, but fully acquired by Tatas in 2022.
The aviation authority in India on Tuesday granted the requisite approval for the merger of AIX Connect ("AIXC"), formerly known as AirAsia, into Air India Express ("AIX"). Effective October 1 ...
“After the merger with AIX Connect (formerly AirAsia India), Air India Express will full-fledgedly venture into the domestic market and at that time it wants to project a futuristic, modern look ...
India Business News: MUMBAI: Air India subsidiary 'AIX Connect', operating as AirAsia India has received regulatory approvals to operate its flights under the ‘Air India E.
The aviation authority in India on Tuesday granted the requisite approval for the merger of AIX Connect ("AIXC"), formerly known as AirAsia, into Air India Express ("AIX"). Effective October 1 ...
(MENAFN- Khaleej Times) The Aviation authority in India on Tuesday granted the requisite approval for the merger of AIX Connect ("AIXC"), formerly known as AirAsia, into Air India Express ("AIX ...
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