Part of Tata group
Air India Express
Air India Express grew revenue 19% to ₹19,088 crore in 2025-26 but still posted a ₹6,767 crore net loss (Mint, 28 Sept). Experienced pilot exits over pay and working conditions, plus recent diversions and cancellations, pull the other way (Financial Express, 1 Sept).
What it means Rival carriers face a Tata-backed budget airline that is scaling fast while its crew base is strained.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Air India Express’s ₹6,767 crore loss despite 19% revenue growth underscores the urgency of extracting cost, fleet and network synergies from Tata’s broader Air India restructuring.Reported: Air India Express reported a ₹6,767 crore net loss in 2025-26 despite a 19% rise in revenue to ₹19,088 crore. The result sharpens the challenge for Tata Group as it scales the budget carrier within Air India’s wider restructuring.Watch:
- Reported: Air India Express should prioritize rapid rebooking, clear passenger communication and root-cause resolution after cancelling Patna-Delhi flight IX1348 for two days on operational grounds.Reported: Air India Express cancelled its Patna-Delhi service IX1348 on September 21 and 22, citing operational reasons. The carrier has asked affected passengers to check flight status and contact the airline for rebooking, alternative travel options or refunds.Watch: Whether IX1348 resumes on schedule after September 22.
Background
From 3 stories, the newest dated 28 Sept 2026. Summary written 2 Oct 2026.
Air India Express is a low-cost carrier that Tata Group is scaling, while considering its role in a broader airline turnaround. [1] source: Mint
Show 2 more paragraphs and 3 sources
In 2025-26, Air India Express reported revenue of ₹19,088 crore, up 19%, and a net loss of ₹6,767 crore. [1] source: Mint Mint reported these results in September 2026 as Tata tested its low-cost turnaround plan. [1] source: Mint
In September 2026, a Boeing 737 MAX landing-guidance software issue was described as relevant to Air India Express and Akasa Air. [2] source: Financial Express Boeing was developing a permanent software fix, and the two airlines together operated about 96 aircraft, according to Financial Express. [2] source: Financial Express Outlook Business reported that Air India Express, Akasa Air and SpiceJet held 505 unfilled Boeing orders, raising delivery and capacity-expansion risks for the carriers. [3] source: Outlook Business The issue was discussed in the context of Indian airline fleet plans and Boeing aircraft deliveries. [3] source: Outlook Business[2] source: Financial Express
Sources
Questions about Air India Express
How fast is Air India Express growing in India?
Air India Express reported revenue of ₹19,088 crore, up 19%, and a net loss of ₹6,767 crore in 2025-26. [1] source: Mint
More stories about Air India Express
Stories that mention Air India Express
17 stories
Air India Express is named in these stories but is not their subject.
- Air India and Adani Airports launch online duty-free platform for international flyers
- Akasa Air says Boeing 737 MAX software issue has no impact on flight safety
- Air India CEO Campbell Wilson received ₹25.2 crore in FY26 pay, with ₹17.7 crore in incentives approved
- Cochin airport adds Bangkok links as winter flights rise 14.4%
- Air India targets ancillary revenue growth with in-flight commerce platform from H2 2027
- Air India weighs folding Air India Express into group to cut costs
- Air India’s FY26 consolidated loss more than doubles to ₹22,238 crore
- Tewolde Gebremariam takes charge as Air India CEO
- Air India seeks $1.5 billion equity infusion from Tata Sons and Singapore Airlines
- Two more Air India pilots de-rostered after non-negative drug-screen results
- Air India’s turnaround faces a leadership and profitability test
- Air India begins psychoactive-substance screening for all pilots
- Air India raises pilot pay 9–15% as carriers compete for cockpit talent
- Akasa Air, Air India Express say Boeing 737 fleets are unaffected by FAA inspection directive
- Navi Mumbai airport flight schedules fall 32% as airlines pare capacity
- Air India says turnaround will take 5–10 years as FY26 revenue and losses remain under pressure
- Navi Mumbai airport goes international July 15 with Air India Express Abu Dhabi route