The Kochi-based unit of Air India has a fleet of 24 aircraft. The working group will report to a committee chaired by Air India managing director Campbell Wilson. Air India Express operates short and medium-haul routes connecting smaller Indian towns to the Gulf and Southeast Asia. The merged entity will be rebranded as Air India Express.Ī group co-led by Sunil Bhaskaran, chief executive of Air Asia India and Aloke Singh, chief executive of Air India Express, will help integrate the two airlines. In a separate statement, Air India said that AirAsia India would be merged with Air India Express in about 12 months. According to the share purchase agreement, AirAsia India can continue to use the ' AirAsia' brand name for 12 months, the Malaysian company said on Wednesday. 3-NEW DELHI - AirAsia Bhd exited the Indian budget airline that carried its name, with its majority Indian partner, Tata Group's Air India, agreeing to acquire the 16.67% stake the Malaysian carrier still owned in AirAsia India for INR155.65 crore.
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