After more than four decades of existence, Air India Charters Ltd, the holding company of the group’s international budget airline operations, has been renamed as Air India Express Ltd. National carrier Air India’s low cost international budget arm operates under the name Air India Express. The name of Air India Charters Ltd has been changed to “Air India Express Limited” with effect from May 5, according to a communication issued by the Corporate Affairs Ministry. AI Express flies to 14 international destinations, including Dubai, Sharjah, Doha, Kuwait, Salalah, Singapore, Kuala Lumpur, Riyadh and Dhaka.
It also has domestic services on various routes. The airline carries around 3.5 million passengers a year.
Incorporated way back in September 1971, AI Charters was intended for carrying out charter flight services. With the plan not materialising for decades, the company finally became the holding firm for the operations of AI Express. AI Express, which operates international as well as domestic services, took wings in 2005. Now, after little over 12 years of being operational, the holding entity’s name has been changed to AI Express Ltd.