Air India weighs merging Air India Express to curb costs, report says

Air India’s CEO-designate is reportedly considering folding budget carrier Air India Express into the main airline, aiming to reduce regulatory, administrative and engineering costs after a ₹22,000 crore annual consolidated loss. Any plan would require board and regulatory approval.

— Source publishedFri, 18 Sept, 2026, 21:01 IST·First seen Fri, 18 Sept, 2026, 21:26 IST·Source Business Today · Latest

What happened

Air India’s incoming CEO is evaluating a merger of Air India Express into the main airline to cut regulatory, administrative and engineering costs after the

Key facts

  • ₹22,000 crore consolidated loss
  • $2.3 billion loss
  • 61-year-old CEO-designate
  • four brands consolidated to two
  • 2007 merger with Indian Airlines
  • 2022 Tata Group acquisition

Why this matters

The proposed consolidation would complete Air India’s broader brand rationalization, signaling Tata’s preference for scale, shared infrastructure and fewer operating entities over a standalone budget-carrier structure.

What to watch

  • Board statement, CEO-designate comments or formal merger filing.
  • DGCA, Ministry of Civil Aviation or competition-regulator approval requirements.
  • Changes to Air India Express branding, booking channels, airline codes or aircraft livery.
  • Announcements of station closures, workforce redeployment or shared maintenance operations.
  • Route transfers between Air India and Air India Express.
  • Quarterly evidence of lower administrative and engineering costs versus integration charges.
  • Further fleet allocation decisions involving Boeing 737s, Airbus narrowbodies and widebody capacity.
  • Seek Tata Sons and Air India board authorization for a formal integration review.
  • Map duplicate corporate, engineering, maintenance, technology and airport-station functions for savings.
  • Assess whether a single airline certificate and brand would impair low-cost segment positioning.
  • Prepare regulator, lender, aircraft-lessor and employee engagement plans.
  • Rationalize overlapping domestic and short-haul international routes, particularly where Air India and Air India Express compete.
  • Use the consolidation case to renegotiate vendor, maintenance, distribution and airport-service contracts.