New Delhi: Air India Express Managing Director Aloke Singh announced on Wednesday that the airline is poised to harness growth opportunities and synergies within the group in the upcoming fiscal year, 2024-25. Singh emphasized that the focus will primarily be on cost management and transformation initiatives.
"In 2024-25, we anticipate unlocking significant synergies, particularly with the merger of AIX Connect, formerly AirAsia India. There will be a strong emphasis on controlling costs," Singh stated.
Both Air India Express and AIX Connect are part of the Tata Group, which is also in the process of merging Vistara with Air India. Singh highlighted that there will be collaboration between Air India's long-haul flights and Air India Express's domestic short-haul flights, contributing to enhanced operational efficiency.
Singh also expressed optimism about the airline's growth prospects with the expansion of its network and the induction of new aircraft into its fleet. "This expansion will lead to a substantial increase in both revenue and cost efficiencies," he added.
Speaking at the CAPA India Aviation Summit 2024 in New Delhi, Singh assured that Air India Express does not foresee any bilateral flying rights issues impacting its growth trajectory over the next five years.
in another development, Air India, now owned by the Tata Group, has introduced a new 'Fare Lock' feature, allowing passengers to lock in their fares for 48 hours with a nominal fee. This initiative aims to provide greater flexibility and ease for travelers in planning their journeys., we have earlier reported.
The new feature enables passengers to secure a chosen fare for two days while they finalize their travel plans. This helps avoid unexpected fare changes and ensures availability for their preferred flights. The feature applies to flights booked at least 10 days in advance.
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