Air India Express is a major Indian low-cost airline and is a key player in the domestic and international network of the Air India Group. The airline concentrates on low-cost travel, high-frequency routes, and markets that are more focused on leisure. With a rapidly growing fleet and a strong presence in India, the Middle East and also Southeast Asia, Air India Express is now one of India’s fastest-growing budget carriers post its integration with AIX Connect.
Air India Express – Quick Overview
| Particular | Details |
| Airline Name | Air India Express |
| Type | Low-Cost Carrier |
| Founded | 29 April 2005 |
| Owner | Air India Limited (Tata Group) |
| Parent Group | Tata Group |
| Headquarters | Gurugram, Haryana, India |
| Chairman | Nipun Aggrawal |
| MD | Aloke Singh |
| Hubs | Bengaluru, Delhi, Mumbai |
| Fleet Size | 115 aircraft |
| Destinations | 62 (Domestic & International) |
| Employees | Approx. 8,000 |
| Official Website | airindiaexpress.com |
Net Worth and Market Cap
Air India Express has no publicly disclosed standalone net worth, because it operates as a wholly owned subsidiary of Air India Limited. Since the airline is neither listed on any stock exchange, it does not have an independent market capitalization. Its financial performance is part of the consolidated finances of Air India Limited, which is owned by the Tata Group. In FY2025, the airline experienced high revenue growth due to its growing operations and fleet expansion even though it invested heavily in integration, branding and capacity expansion.
Corporate Leadership
Air India Express has experienced leadership from the Air India Group. Nipun Aggarwal is the Chairman, guiding the directions of the expansion phase of the airline. Aloke Singh serves as the Managing Director and these day to day operations of the company network planning and fleet growth. The airline enjoys close coordination with Air India’s top management in particular post completion of merger with AIX Connect in October 2024.
Overview of Services
Air India Express is a pure low-cost carrier which has a solid focus on efficiency and affordability. The airline is an all economy seating airline with competitive fares and several options for fares including hand baggage only tickets. It offers paid on-board meals, seat choice and other ancillary services. The airline is also part of the Tata NeuPass frequent flyer ecosystem where passengers can gain and redeem rewards from Tata brands.
Scale of Operations
Air India Express is located at the Vatika One-on-one complex in Gurugram, Haryana. The airline has over 500 flights daily and links 45 domestic and 17 international destinations. Its main hubs at Bengaluru, Delhi and Mumbai are supporting a dense network in India as well as high-demand international routes. With plans to add more of its fleet to about 170 aircraft in the next five years, Air India Express continues to scale in an Indian competitive aviation market.
