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Net income. ₹−2,750 crore (US$−340 million) (2023) [4] Website. www .airindiaexpress .com. AIX Connect, formerly known as AirAsia India, is an Indian low-cost airline headquartered in Bangalore (Bengaluru), Karnataka and a wholly-owned subsidiary of Air India Limited which in turn is owned by Tata Group. The airline was founded as a joint ...
AirAsia was established as a full-service airline in 1993 and began operations on 18 November 1996. It was founded by a government -owned conglomerate, DRB-HICOM. On 5 September 2001, the heavily indebted airline was bought by former Time Warner (now known as Warner Bros. Discovery) executive Tony Fernandes and Kamarudin Meranun 's [6] company ...
Air India Limited is a wholly owned subsidiary of the Tata Group. On the anniversary of the airline's founder JRD Tata 's birth, its new headquarters at Vatika One on One in Gurgram [4] was inaugurated. The new headquarters space will be home to all TATA Group airlines. It was headquartered at the Airlines House in New Delhi [5] prior to TATA's ...
The combined losses for Air India and Indian Airlines in 2006–07 were ₹ 7.7 billion (US$96 million) and after the merger, it went up to ₹ 72 billion (US$900 million) by March 2009. [26] [27] In July 2009, State Bank of India was appointed to prepare a road map for the recovery of the airline. [28]
Malaysia's flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India, saying on Tuesday it was reviewing its investment in a joint venture ...
Net income. ₹117 crore (US$15 million) (FY2023) [4] Employees. 1,276 (as of 31 March 2018) [4] Website. www .airindiaexpress .com. Air India Express is an Indian low-cost airline and a wholly owned subsidiary of Indian flag carrier airline Air India. [5] Currently it is headquartered in Gurgaon, Haryana. [3] [6]
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