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The aircraft of AIX Connect were transferred to Air India Express Air Operator Certificate (AOC). In October 2023, VT-ATD, an Airbus A320neo became the first to transfer into the Air India Express fleet after completing the DGCA’s CAP3100 process. [49] On 1 October 2024, the merger of AIX Connect and Air India Express was declared to be ...
Air India Express came into existence on 29 April 2005, with the launch of three flights that took off simultaneously from Thiruvananthapuram, Kochi and Kozhikode.The airline was launched as a low-cost carrier with the objective of providing convenient connectivity to short-haul international routes in the Middle East and Southeast Asia for the Indian expatriate community.
In November 2022, Air India acquired AirAsia's stake in AirAsia India, renamed it into AIX Connect and announced plans to merge it with Air India Express. [78] On 29 November 2022, Air India announced the merger with Vistara by March 2024 with Singapore Airlines which owns a 49% stake in Vistara getting a 25% stake in the newly formed airline. [79]
AIR INDIA: 1932: 2012: Air India International ... renamed to AIX Connect. Airways (India) [1] 1945: 1955: AIX Connect: I5 IAD RED KNIGHT 2022 2024 Merged into Air ...
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Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021 Tata Sons paid ₹ 180 billion (US$2.2 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. [7] [8] The remaining ₹ 462.62 billion (US$5.5 billion) of Air India ...
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