The Air India management has appointed Air India Express CEO Aloke Singh as the chief of Air India’s low-cost airline business from January 1, 2023.
The low-cost carrier business will consist of AirAsia India and Air India Express. Last month, Air India signed agreements to complete the acquisition of 100 per cent shareholding in AirAsia India (AAI) and to make it a subsidiary under Air India.
As per an internal communication, Air India CEO and Managing Director Campbell Wilson said that the two constituent airlines will continue to have the full complement of regulatory post-holders until the merger is complete. But, for now, a single CEO will provide the clarity and singular accountability necessary to navigate the process.
Moreover, current AirAsia India CEO Sunil Bhaskaran will take charge of an aviation training academy, the new initiative of the airline.
Recently, Singapore Airlines (SIA) and Tata Sons (Tata) agreed to merge Air India and Vistara, with SIA investing $250 million in Air India as part of the transaction.