Monday, April 30, 2007

Air India Express completes two years, aims higher

Thiruvananthapuram: Air India Express, the country's only low-cost international airline that is celebrating the completion of two years of operations, aims at ferrying a million passengers and earning revenues to the tune of Rs 10 billion ($242 million) in the current fiscal.
The airline began operations on April 29, 2005, with a Thiruvananthapuram-Abu Dhabi flight. It currently has 129 weekly flights from 10 Indian airports to 10 international airports.
And the major chunk of passengers are from Kerala with 84 flights from the state's three international airports.
Air India Express, a wholly owned subsidiary of Air India, operates the Boeing 737-800 and has 13 aircraft, of which seven are leased and six owned by the airline. Four new aircraft would be purchased this fiscal and another eight would be bought in 2008, which would take the total number of aircraft to 25.
Air India Express currently flies to Dubai, Abu Dhabi, Doha, Bahrain, Sharjah, Al-Ain, Muscat, Salalah, Singapore and Colombo.
30/04/07 Indo-Asian News Service/Hindustan Times
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