Air India express aims for second place with 50 Boeing 737 max planes

24 Aug 2023 CW Team

Tata-owned Air India Express is embarking on an ambitious expansion strategy, intending to deploy 50 Boeing 737 Max planes by the end of 2024. This move comes as the airline seeks to secure a strong second position in India's fiercely competitive domestic aviation market, positioning itself behind market leader IndiGo. Currently operating 25 aircraft, Air India Express is in the process of merging with AirAsia India, which operates 28 Airbus A320neo planes. This consolidation will create the second largest low-cost carrier in India, significantly enhancing its market presence.

The expansion plan will be executed in two phases. The first phase involves adding 25 planes by June next year, with the initial aircraft joining the fleet in October. The subsequent phase will take place from August to December 2024. Notably, the airline's expedited growth is due in part to acquiring 737 Max planes originally designated for Chinese airlines amid the US-China tensions, enabling faster deliveries.

Air India Express's strategic focus is on strengthening existing domestic and international routes before expanding to new destinations. The airline has already received regulatory approval to operate under the common brand of Air India Express along with a codeshare agreement with Air India, enabling seamless connectivity.

Air India Express stands as the sole profitable airline within the Tata Group's aviation portfolio, having reported a profit of Rs 1.16 billion in fiscal year 2023. This profitability positions the airline strongly in the Tata Group's efforts to merge its aviation entities into two distinct carriers – a low-cost airline and a full-service carrier.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..