Air India Express And AIX Connect Merger To Drive Scalable Growth, Says MD Aloke Singh

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, a top company official said. Dismissing concerns regarding the merger of AIX Connect, a loss-making entity, Air India Express managing…