Air India Specific-AIX Join merger accomplished. File
| Photograph Credit score: G. Ramakrishna
Aviation Regulator DGCA on Tuesday (October 1, 2024) stated the merger of AIX Join with Air India Express has been accomplished that units a brand new benchmark for future airline consolidation within the nation.
The Directorate Normal of Civil Aviation (DGCA) has granted the requisite regulatory approval for the merger.
“Efficient October 1, 2024, all plane of AIX Join have been transferred seamlessly onto the Air Operator Certificates (AOC) of AIX, guaranteeing that airline operations of the mixed entity proceed with out disruption to make sure a protected and easy passenger expertise,” DGCA stated in a launch.
Additionally Learn: Vistara to merge with Air India from November 12
The airways are a part of the Tata Group.
The watchdog stated it would carefully monitor post-merger operations to make sure ongoing compliance with all regulatory circumstances, safeguarding client pursuits and guaranteeing the continued security of air operations in India.
“Our rigorous evaluation ensures that this merger serves the general public curiosity by fostering protected air operations whereas enhancing the general journey expertise for shoppers. The insights gained from this expertise will show valuable for the upcoming merger of Air India and Vistara, which is at the moment in progress,” DGCA chief Vikram Dev Dutt stated.
Revealed – October 01, 2024 01:46 pm IST
