Air India Express has not added any new aircraft to its fleet for a long time.
At present, Air India Express operates 24 Boeing-737 aircraft.
It flies to 14 international destinations from 21 cities in the country.
New Delhi. Aviation company Air India Express is planning to lease two Boeing-737 aircraft from Vistara to provide more flights in the winter schedule. A source gave this information on Wednesday. Both Air India Express and Vistaar are part of the Tata Group. Apart from this, Air India and AirAsia India also come under the Tata group.
A source close to the airline said the two planes are expected to be inducted into the Air India Express fleet on short-term lease in November and December respectively. Sources said the move will play a role in strengthening synergy in the group’s airline business.
Winter program will start from 30 October
He further said that leasing the planes will help Air India Express operate more flights during the winter schedule starting October 30. When contacted, a Vistara spokesperson said, “We cannot comment on speculations.” The source said that Air India Express has not inducted any new aircraft in its fleet for a long time. Although the airline had plans to significantly increase the fleet as part of its long-term business plan, this was put on hold due to disinvestment.
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He said that after privatization, there is a plan to bring synergy in operations. Therefore, the airline has decided to lease planes in the group itself instead of going to outside companies. At present, Air India Express operates 24 Boeing-737 aircraft. It flies to 14 international destinations from 21 cities in the country. At the same time, Vistara, jointly owned by the Tata Group and Singapore Airlines, has five Boeing-737 aircraft in its fleet of 53 aircraft.
target of 30 percent share in both international markets
Last week, Air India chief Campbell Wilson said the airline aims to capture 30 per cent share in both domestic and international markets in the next five years. The Tata group took control of the loss-making airline in January this year and has now implemented Air India’s revival plan ‘Vihaan.AI’ (Vihaan.AI). Wilson told reporters here that the company aims to achieve 30 per cent share in domestic and international markets in the next five years. The airline currently has 10 per cent share in the domestic market and 12 per cent in the international market.
Tags: air india, Air India Express, Air India Flights, Business news in hindi, Ratan tata
FIRST PUBLISHED : October 26, 2022, 19:44 IST