Air India Express is looking to capitalise on growth opportunities and group synergies, with a strong focus on cost management and transformation plans for 2024-25. Air India Express Managing Director Aloke Singh on Wednesday (June 5) said the airline will focus on the cost side and transformation plans in 2024-25.
“In 2024-25, a lot of synergies will be unlocked… there will be a laser focus on the cost side,” Singh stated.
Air India Express merger plans
Air India Express is in the process of merging with AIX Connect, formerly known as AirAsia India, as part of its strategic initiatives. Both airlines are part of the Tata Group, which is also merging Vistara with Air India.
Singh highlighted that there will be cross-feeding between Air India’s long-haul flights and domestic short-haul flights, anticipating substantial growth. With an expanded network and new fleet acquisitions, Singh expects significant improvements in both revenue and cost efficiency.
Speaking at the CAPA India Aviation Summit 2024 in New Delhi, he added that he foresees no issues with bilateral flying rights affecting growth over the next five years.