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Air India Express will focus on routes with price-sensitive customers: MD

23Oct

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Air India Express will focus on routes with price-sensitive customers: MD

Air India's low-cost subsidiary Air India Express will focus on routes which have a higher component of price-sensitive customers and leisure travellers, airline's Managing Director Aloke Singh has said. Singh also said that Air India Express is not looking at spreading its capacity all over the country in the beginning and instead will first consolidate its presence on the existing routes. A subsidiary of Air India, Air India Express is in the process of merging low-cost domestic carrier AirAsia India with itself, and last week unveiled its new brand identity. Air India Group, comprising Air India, Air India Express, AIX Connect and Vistara, is owned by the Tatas, which is also in the process of consolidating its airline business. As part of it, Vistara...

Akasa Air plans to list on bourses by end of the decade: CEO Vinay Dube

India's newest airline Akasa Air, which is set to soon fly on international routes and will be placing a three-digit aircraft order, plans to list on the bourses by the end of the decade, its Chief Executive Officer Vinay Dube told PTI. The 14-month-old Akasa Air, which already operates more than 750 weekly flights across 16 domestic destinations, including Mumbai, Ahmedabad, Bengaluru and Delhi, is looking at "gathering a little more history" before launching an initial public offering (IPO), he said. The airline plans to start international services by the end of this fiscal and has placed a firm order for 76 Boeing 737 MAX aeroplanes, all of which will join its fleet by mid-2027. Currently, Akasa Air has a fleet of 20 aircraft and is looking to place an orde...

Akasa stops flights on 8 routes, reduces service on 10 others

Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline’s flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium’s data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad. Between July and September, 43 pilots left the airline to join competing carriers without fulfilling their mandatory notice periods, which can range from six months to on...