Air India Express is an Indian low-cost airline headquartered in Kochi, Kerala. It is operated by Air India Express Limited, a wholly owned subsidiary of Indian flag carrier airline Air India.
External factors such as high fuel prices and adverse forex would be key to the success of Air India disinvestment, but aviation experts said that interested bidders will take long-term view of the sector which is the third largest market globally and growing fast.
The proposed Air India deal offered by the government is sweeter than expected, said a senior executive of a private airline.
Civil Aviation Minister Hardeep Singh Puri on Monday said that the entire dues and arrears of Air India employees will be paid before the proposed disinvestment of the airline is concluded, as the government set the ball rolling for the privatisation of the national carrier.
Terming sale-bound Air India and two of its subsidiaries as great assets, Civil Aviation Minister Hardeep Singh Puri on Monday said that the buyer of the airline would be using the iconic brands.
The second attempt to sell Air India and its subsidiary Air India Express has begun with the national career floating tender for physical aircraft inspection of its fleet and data room related matters.
Passenger carrier SpiceJet will commence flight operations to Ras Al Khaimah (RAK) in UAE from December-end, however, its wait to establish an airline there might happen only in 2020.
The closure of the Kochi airport till Sunday due to incessant rains across in Kerala has affected travel plans of Indian expats in the United Arab Emirates (UAE) who had booked tickets for the long weekend, the media reported on Friday.
Directorate General of Civil Aviation (DGCA) has done the safety audit of five airlines, including Air India, and has listed out security concerns in these carriers, said Civil Aviation Minister Hardeep Singh Puri on Thursday.
Directorate General of Civil Aviation on Thursday issued show cause notice to Spice Jet after its aircraft skid off the runway.