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As of July 2024, Air India is "consolidating its cargo operations" and plans to start a separate entity or a subsidiary like Air India Cargo to handle cargo operations with dedicated freighters. There has been a 30% increase in cargo revenues of Air India Group in FY22-24. The cargo volume is expected to increase to 2.5 million tonnes by 2027.
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Air India Express is an Indian low-cost airline and a wholly owned subsidiary of Indian flag carrier airline Air India. [6] Currently, it is headquartered in Gurgaon , Haryana . [ 3 ] [ 7 ] The airline operates more than 2000 flights per week to 45 destinations across India, the Middle East and Southeast Asia . [ 8 ]
Air India is the flag carrier of India, and was founded by JRD Tata of Tata Sons. It is based in New Delhi, and currently operates hubs in Delhi, Mumbai, and Bengaluru, with various focus cities across India. [1] Air India commenced operations on 29 July 1946, operating under the Government of India.
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It was renamed as Air India Limited on 26 October 2010. [6] Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021 Tata Sons paid ₹ 180 billion (US$2.1 billion) to Government of India and Tata will also assume ₹ 153 billion (US$1.8 billion) of Air India Limited's debt as per the transfer deal.
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