Air India and its wholly-owned subsidiary AIX Connect, which flies under the brand name AirAsia India, are likely to streamline their flight operations on nine domestic routes to avoid internal competition, sources said on Friday.
Under this "streamlining" plan, Air India is likely to exit five routes and AirAsia India might stop operating services on four others, sources said.
"The exit of one from a route will lead the other to increase its flights on that. Therefore, the overall frequency on that route is unlikely to change by much," a source said.
On January 27 last year, Tata Group took control of Air India from the government. Towards the end of the year, Air India took complete ownership of AirAsia India by purchasing the remaining 16.67 per cent stake in the low-cost carrier from Malaysia-based AirAsia Group for ₹155.64 crore.
This story is from the February 04, 2023 edition of Business Standard.
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This story is from the February 04, 2023 edition of Business Standard.
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