+
Air India Express taps NCLT doors for merger plans
Cement

Air India Express taps NCLT doors for merger plans

In a strategic move for the coming year, Tata Group is progressing towards the consolidation of its four airlines. Air India Express has initiated the 'second motion' for a final hearing in the National Company Law Tribunal (NCLT) to merge AIX Connect (formerly known as AirAsia India) into its operations. Anticipating approval by March, this merger will result in the operation of both airlines under a single air operator certificate or license.

The larger-scale merger involving Vistara into Air India is contingent on the latter reaching a specified operational level, as communicated by Air India's Managing Director and CEO, Campbell Wilson, in September to TOI. While the exact timeline for this merger remains undisclosed, insiders suggest it is also slated for realization in 2024.

Air India Express is poised to concentrate on less-saturated markets and tier II & III cities, while Air India, in addition to medium to ultra-long-haul routes, will prioritize routes with a substantial premium traffic share. The former will play a pivotal role in providing crucial connectivity to Air India's hubs in Delhi and Mumbai, catering to the escalating number of wide-body flights spanning the globe.

Aloke Singh, CEO of Air India Express, outlined the expansion plans, saying, "With a current fleet of 62 aircraft (combining both low-cost carriers), we plan to induct 50 new Boeing 737 Max within the next 12 months. After retiring some older planes, Air India Express is expected to operate a fleet of about 98 aircraft by December." Tata Group's colossal order for 470 aircraft last February, which includes 190 B737 Max for its low-cost carrier, underlines its commitment to fortifying its presence in the aviation sector.

Singh emphasised the consolidation strategy, explaining, "While we will introduce new domestic and international routes, our initial focus is on strengthening our existing network. For example, when we initiated flights to Surat, we began from Delhi. Subsequently, we swiftly introduced direct flights connecting Surat to Bengaluru, Kolkata, Sharjah, and Dubai. This approach mirrors our expansion plans for Ayodhya, where we commenced flights from Delhi, followed by direct routes to Bengaluru and Kolkata.?

In a strategic move for the coming year, Tata Group is progressing towards the consolidation of its four airlines. Air India Express has initiated the 'second motion' for a final hearing in the National Company Law Tribunal (NCLT) to merge AIX Connect (formerly known as AirAsia India) into its operations. Anticipating approval by March, this merger will result in the operation of both airlines under a single air operator certificate or license. The larger-scale merger involving Vistara into Air India is contingent on the latter reaching a specified operational level, as communicated by Air India's Managing Director and CEO, Campbell Wilson, in September to TOI. While the exact timeline for this merger remains undisclosed, insiders suggest it is also slated for realization in 2024. Air India Express is poised to concentrate on less-saturated markets and tier II & III cities, while Air India, in addition to medium to ultra-long-haul routes, will prioritize routes with a substantial premium traffic share. The former will play a pivotal role in providing crucial connectivity to Air India's hubs in Delhi and Mumbai, catering to the escalating number of wide-body flights spanning the globe. Aloke Singh, CEO of Air India Express, outlined the expansion plans, saying, With a current fleet of 62 aircraft (combining both low-cost carriers), we plan to induct 50 new Boeing 737 Max within the next 12 months. After retiring some older planes, Air India Express is expected to operate a fleet of about 98 aircraft by December. Tata Group's colossal order for 470 aircraft last February, which includes 190 B737 Max for its low-cost carrier, underlines its commitment to fortifying its presence in the aviation sector. Singh emphasised the consolidation strategy, explaining, While we will introduce new domestic and international routes, our initial focus is on strengthening our existing network. For example, when we initiated flights to Surat, we began from Delhi. Subsequently, we swiftly introduced direct flights connecting Surat to Bengaluru, Kolkata, Sharjah, and Dubai. This approach mirrors our expansion plans for Ayodhya, where we commenced flights from Delhi, followed by direct routes to Bengaluru and Kolkata.?

Next Story
Resources

CASE Launches ‘Shilpi’ to Train Youth in Equipment Servicing

CASE Construction Equipment, a CNH brand, has launched Project Shilpi, a CSR initiative to train youth in backhoe loader maintenance and servicing. The programme targets ITI and diploma holders from economically weaker sections, aiming to address the skill gap in the construction equipment servicing sector.  “At CASE, we believe in enabling communities through skills that transform lives... Through this initiative, we aim to strengthen India’s technical workforce while empowering individuals to achieve socio-economic independence,” said Kavita Sah, India CSR Head, CNH. &nb..

Next Story
Resources

Himadri Named CDP Supplier Engagement Leader with ‘A’ Rating

Himadri Speciality Chemical has been recognised as a 2024 CDP Supplier Engagement Leader, earning an ‘A’ rating for its performance in supply chain climate action. This places Himadri among the top-rated global companies in the CDP’s Supplier Engagement Assessment. The company scored high in key categories including supplier engagement, Scope 3 emissions verification, risk management, and governance, demonstrating strong alignment with global climate disclosure frameworks. “Being recognised as a CDP Supplier Engagement Leader is a proud moment for all of us... Our commitment ..

Next Story
Resources

Trimble, IIT Madras Join Hands to Donate 20 Custom Wheelchairs

Trimble has partnered with the National Centre for Assistive Health Technologies (NCAHT) at IIT Madras to support inclusive mobility through the donation of 20 custom-fitted wheelchairs. Backed by an initial ₹15 lakh contribution, the lightweight (9 kg) wheelchairs are tailored to individual needs and rival high-end imports in quality. Recipients will be selected through a structured process including assessments, prescription, and training to ensure long-term usability. “At Trimble, we believe accessibility is fundamental... Through this partnership with IIT Madras, we hope to s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?