Thursday, October 13, 2016

Air India Express to launch new flight to Dhaka, Singapore, Riyadh

Air India Express is set to spread its wings to Bangladesh besides launching new flights to Saudi Arabia and Singapore and increasing its aircraft fleet size to 25 by the end of the next year.
The airline, which posted a net profit of Rs 362 crore in the fiscal 2015-16 for the first time since its launch in 2005, is estimated to have logged a good growth in both passenger numbers and revenue in the September quarter of the current financial year, Air India Express (AIE) Chief Executive Officer K Shyamsunder said.
“We will launch new flights to Singapore from Kolkata and Chennai besides a service to Dhaka from Kolkata. Apart from these, we are also going to connect Saudi city of Riyadh from Calicut during the winter schedule,” Shyamsunder told PTI in an interview from Kochi.
AIE would also connect Dhaka with Kolkata during the winters, he said, adding “a number of other new flights are set to be launched between this month and March next year.”
The winter schedule of the Indian airlines would commence from October 30 and last up to March end next year.
The Kochi-headquartered airline at present operates 475 services per week to 13 international airports across the Gulf and South-east Asia. As many as 236 of the 435 services are operated to and from Kerala.
AIE has a fleet of 21 Boeing 737 planes–17 owned and four on lease–and two B-737 are expected to join the fleet by next month, which will take the total number of aircraft to 23.
In addition, Air India Express has recently invited bids for dry leasing of two Boeing 737 aircraft which it plans to induct by December 2017.
“We need them (the two planes) for expanding our operations, though we have yet to finalise the routes or the airports we will fly them to. We will have to wait for the deliveries of these planes,” Shyamsunder said.
12/10/16 PTI/The Financial Express