Air India Express To Add Four Boeing 737s To Meet Growing Demand

Tata Group-owned international budget airline Express may add four planes to its fleet of 24 aircraft by this year-end to meet the increased demand for international travel, airline sources privy to the information have said.

Following the removal of various pandemic-related curbs, aviation is picking up and demand has bounced back and dry leasing is an option to enhance capacity in the short-term, they said.

Express currently has 24 planes in the fleet. It lost one plane in the Kozhikode plane crash in August 2020.

"Demand for international travel has bounced back after the removal of most of the pandemic-related restrictions on travel. Loads (passenger on aircraft) are good and all the routes are doing well. Of course, there are some seasonal variations, which have been factored in," a source told PTI.

“In the short-term, the airline might take four aircraft on dry lease to increase capacity for the interim period,” the source said, adding that the new aircraft will be utilised to enhance frequency on certain routes.

A query sent to Express did not elicit a response.

"You can't open new routes with four additional aircraft. These planes will only be used for increasing frequency and consolidation of the existing routes," a source said.

Air India Express currently operates to 11 airports in India and 13 abroad with over 100 daily flights.

The induction of four more aircraft will expand the fleet to 28 planes altogether, the source said.

"The airline has not been allowed to grow since a long time. Earlier, its growth was hampered on account of the disinvestment process. The competition is growing every day and we have to keep up with that,” the source said.

According to another source, the airline had drawn up a business plan in 2018, in which it had envisioned it to be a 50-aircraft company by 2025 as air passenger traffic was booming at that time.

"But first the government did not give us the go ahead at that time saying that the airline was in its disinvestment plans and then the Covid-19 happened,” said the source.

Stating that Air India Express is hiring both cockpit crew and the cabin crew, which is an indication itself of induction of more aircraft (in the short-term), the source said, “a walk-in interview for cabin crew has been conducted at Calicut on Tuesday. Also, the airline has already completed one round of walk-in interviews at Delhi, Mumbai, Mangalore and Calicut.” “And in the coming weeks, Air India Express plans to conduct similar exercise at Kochi as well as North-east,” he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more

The Role Of Central Banks In Global Economy

The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more

History Of Banking Evolution In The 21st Century

Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more