Air India Express, Tata's budget carrier, merged with AIX Connect to boost profitability and scale. Despite increased income, Air India Express reported a loss in FY24, while AIX Connect reduced its losses.

Air India Express has completed its merger with AIX Connect, aiming to strengthen its position in the budget airline sector and drive long-term profitability through cost optimisation and a scalable network.

Air India Express merges with AIX Connect to create a unified budget airline, aiming for sustainable profitability through network expansion and cost optimization. The merger is expected to drive long-term growth for the Tata Group airline.

Air India Express has merged with AIX Connect to create a unified budget airline under Air India. Despite a net loss of Rs 163 crore in FY'24, the merger aims to achieve sustainable growth by optimizing costs and scaling operations.

Tata Group's low-cost carrier, Air India Express, has completed its merger with AIX Connect (formerly AirAsia India), a strategic move to create a unified budget airline under Air India with a focus on achieving sustainable profitability without straining its financials,