Flying overseas will make it the first to benefit from liberalised regulations, apart from giving the airline cost advantages.
With the regulatory nod, Air India Express and AirAsia India are now permitted to jointly promote, sell, and operate their services as 'Air India Express'
The induction process, which started in June last year attracted a diverse pool of candidates, through joint walk-in recruitment drives conducted across various metro cities and small towns, Air India Express said in a release on Thursday.
The decision to withdraw their stance comes after a vote was held among the members of the two unions where almost 80 percent voted in favour of signing the new wage agreement. The unions will also withdraw the legal notice sent to Air India’s management terming the new employment contract as illegal.
Air India including Air India Express has around 3,000 pilots and close to 6,000 cabin crew on its payroll.
The airline’s CEO Campbell Wilson, along with top executives, is expected to attend the town hall meeting on April 25 while Aix Connect, another Tata airline, held a similar meeting on April 22.
Following one round of VRS by Air India, the airline has been facing a crew crunch, especially pilots for Boeing 777 aircraft, and plane shortages for the last six months
Post merger, the combined might of the Tata group airlines will trump IndiGo’s market share by a mile. But the current market leader isn’t going to take things lying down.
Tata group airlines fly both the longest and shortest routes in the country.
The team that created brand Vistara and ensured quality services will be needed to maintain them after the merger with Air India, Kannan said.
Oil prices are still high and the rupee has slid close to 10 percent over the last year. How will this all play out with profitability? Air fares may remain high as airlines try to make ends meet.
With the purchase of the Airbus planes, Air India has signalled continuity for its full-service arm.
The Air India group will have an exciting time beginning the second half of 2023. From inducting new planes to completing one merger and moving on to another, refurbishing existing planes to expanding the network, the Tatas’ aviation arm will have a lot on its plate.
The merger and fleet expansion will decide the airline’s fate. Often, this decade gets described as the “Decade of India.” If all goes well, it could well be the decade of Air India as well.
Both airlines are looking at synergies with respect to customer touch points, such as having a common website, social media handles and call centre.
The Low Cost Carrier (LCC) business will comprise AirAsia India and Air India Express.
Air India's market share in the domestic market will jump from around 9 percent in October 2022 to around 27 percent after the amalgamation. Vistara and Air Asia India currently control 9.2 and 7.6 percent of the current market share.
The promoters of Air India and Vistara, Singapore Airlines (SIA) and Tata Sons, on November 29 announced, that they have agreed to merge Air India and Vistara in a deal, where SIA plans to invest Rs 20,585 million ($250 million) in Air India to acquire 25.1 percent stake in the enlarged Air India group.
For Vistara, it would mean one step closer to being an airline with all new-age aircraft while Air India Express will get the much-needed strength for expansion.
The offer is applicable on bookings made till July 10 for travel between July 26, 2022 and March 31, 2023
The financial inclusion measures have taken different forms: support for LGBTQIA-owned businesses, special jobs fair and HR policies like insurance for same-sex couples.
There is the unwelcome legacy the Tata group inherits, that of discontent from the days of the Air India-Indian Airlines merger that still simmers. Can the group handle industrial relations better as Air India Express and AirAsia India merge?
Even combined, Air India, Air India Express and AirAsia India will be no match for IndiGo. But that changes the moment Vistara’s network is added to the Tata group airline mix.
AirAsia India is majority-owned by Tata Sons with a shareholding of 83.67 percent. AirAsia Investment Ltd, part of Malaysia’s AirAsia Group, holds the rest of the stake in AirAsia India.
Flyers connecting to international flights from AirAsia India’s domestic flights can now pre-book their excess baggage at the significantly discounted price of Rs 100 per kg, compared to the standard excess baggage charges of Rs 450 per kg when booked online and Rs 500 per kg when booked at the airport, the airline’s statement said.