21.09.2022 - 03:36 UTC
The government of India has launched a privatisation process for two of Air India’s former subsidiaries, namely the groundhandling service provider AI Airport Services Limited (AIASL) and maintenance unit AI Engineering Services Limited (AIESL), an official confirmed to the Press Trust of India.
When Tata Sons assumed control of Air India in January, the government opted to retain four major subsidiaries, the others being regional carrier Alliance Air (India) and Hotel Corporation of India Limited, as well as other non-core assets.
These subsidiaries and assets, collectively valued at the time at INR150 billion rupees (USD1.88 billion), were transferred to a new holding company, Air India Assets Holding Limited, to prune them for future suitors.
“The Department of Investment and Public Asset Management has initiated investor meetings and roadshows to gauge interest in AIASL and AIESL. We will soon invite expressions of interest from interested bidders,” the official said.
The process to sell Alliance Air and Hotel Corporation of India will also start soon, the government representative added. The comments confirm reports that...
29.07.2022 - 04:44 UTC
Now that Air India (AI, Mumbai International) has been sold off, the government of India has begun work on privatising its former subsidiaries AI Engineering Services, AI Airport Services, and the regional carrier Alliance Air (India) (9I, Mumbai International), officials have told the Times of India.
Alliance Air operates Air India Regional services on behalf of the now Tata Sons-owned flag carrier and has continued to use Air India branding for now, but in mid-April the national airline clarified that it was no longer a subsidiary and that it had stopped handling the regional carrier’s bookings and inquiries.
According to the ch-aviation fleets advanced module, Alliance Air currently operates a leased fleet of eighteen ATR72-600s, with two more of the ATR - Avions de Transport Régional turboprops due for delivery, plus one Do228-200 that was partially manufactured by Hindustan Aeronautics and one more on the way. With these, it operates 821 weekly frequencies between 50 destinations as of the week starting August 1, all of them domestic,...
12.04.2022 - 02:55 UTC
Alliance Air (India) (9I, Mumbai International) took delivery of its first Indian-made Do228-200 on April 6, 2022, with VT-KNP (msn 4130) having arrived at Delhi International from the Hindustan Aeronautics assembly line at Kanpur. Flightradar24 ADS-B data shows the Indian carrier subsequently began deploying the turboprop on various proving routes on April 8.
The aircraft is the first of two Hindustan Aeronautics-built and -owned Do-228-200s that Alliance Air is planning to induct to improve its ability to serve thinner routes under the government-funded Regional Connectivity Scheme (UDAN). In a clear sign of the aircraft's target market, VT-KNP is adorned with UDAN-themed stickers on its fuselage. It can seat up to 17 passengers, which is significantly less than Alliance Air's only other aircraft type, the ATR72-600, which seats up to 70 passengers.
Alliance Air is also in the process of adding two ATR42-600s.
The airline was a subsidiary of Air India (AI, Mumbai International) but was not subject to the same privatisation process. As such,...
