Air India Express - Wikipedia Air India Express Air India Express IATA ICAO Callsign IX AXB EXPRESSINDIA Commenced operations 29 April 2005 Hubs Calicut International Airport Secondary hubs Cochin International Airport Chhatrapati Shivaji International Airport Fleet size 23 ( July 2017 ) Destinations 30 ( January 2018 ) Company slogan `` Simply PriceLess '' Parent company Air India Limited Headquarters Kochi, Kerala, India Key people Pradeep Singh Kharola IAS ( Chairman ) Website www.airindiaexpress.in Air India Express is an Indian low - cost carrier headquartered in Kochi. It is operated by Air India Express Limited ( AIEL ), a wholly owned subsidiary of Indian flag carrier airline Air India. It operates around 550 flights per week to 29 destinations including the Middle East and Southeast Asia. Contents 1 History 2 Revenue 3 Destinations 4 Codeshare agreements 5 Fleet 6 Accidents and incidents 7 See also 8 Notes 9 References 10 External links History Air India Express came to being on 29 April 2005, with the launch of three flights that took off simultaneously from Thiruvananthapuram, Kochi and Kozhikode. The airline was launched as a low - cost carrier ( LCC ) with the objective of providing convenient connectivity, to short - haul international routes, in the Middle East and Southeast Asia for the Indian expatriate community. Air India Express was Air India 's response to the growing popularity of LCCs worldwide and in the region. Being an LCC, the airline operates point - to - point flights with multiple hubs all over India. In December 2012, Air India ratified the proposal to move the headquarters to Kochi in January 2013 and for establishing a new MRO base at Thiruvananthapuram. Presently, the airline carries out 596 weekly departures, involving about 1400 flight hours at an average stage length of about 3 hours and 45 minutes. In terms of capacity, the airline offers about 170 million ASKMs per week. Its distribution system is entirely web - based. The company also launched the Air India Express Mobile App for making and modifying bookings and other customer and in - flight services. Revenue On 3 September 2016 the company announced that it had earned a net profit for the first time since its inception. As per the accounts placed and approved by airline 's Board of Directors ( on 31 August 2016 ), the airline made a net profit of Rs. 361.68 Cr. in FY 2015 - 16 against the loss of Rs. 61 Cr. registered in FY 2014 - 15. In the FY 2015 - 16, the airline witnessed a passenger load factor of 82.3 % against 81.4 % in the previous year, while average daily aircraft utilization rose to 11.3 hours from 10.8 hours. The airline carried around 2.80 million passengers against 2.62 million carried in the previous year. As per a press release dated 30 November 2016, the airline has earned net profit of Rs. 415 Crores, as per the unaudited half yearly accounts placed and approved by the airline 's Board of Directors ( on 29 November 2016 ). The airline has achieved operating revenue of Rs. 1897 Crores against Rs. 1609 Crores, earned in first half of financial year 15 - 16. The airline has carried 1.64 million passengers during the period. As per the accounts placed and approved by Airline 's Board of Directors ( on 28 June 2017 ), Air India Express has made net profit of Rs. 296.7 Cr. in FY 2016 - 17. The revenues increased by 14 % recording total revenue of Rs. 3335 Cr. Average daily aircraft utilization rose to 12.2 hours from 11.3 hours. The capacity offered by the Airline went up by 33 %, the fleet size progressively increased from 17 to 23 aircraft, and the number of passengers carried increased by 22 % to reach the level of 3.42 million from 2.8 million in 2015 - 16. Destinations Main article : Air India Express destinations Air India Express focuses on providing international flights from Tier II cities in India, to the Gulf and South East Asia. The airline flies to 30 destinations as of January 2018 with a primary hub located at Calicut International Airport in Kozhikode. It expanded operations to Vijayawada from 19 January 2018. On the domestic front, the airline operates around 200 flights per week, from the southern states of Tamil Nadu, Andhra Pradesh, Karnataka, Kerala and Maharastra. Codeshare agreements Air India Fleet An Air India Express Boeing 737 - 800 approaching Dubai International Airport in 2008 The airline employs 23 Boeing 737 - 800s on its routes as of July 2017 ; each aircraft is configured with 186 economy class seats. Accidents and incidents On 22 May 2010, Air India Express Flight 812, a Boeing 737 - 800 ( registered VT - AXV ) flying on the Dubai -- Mangalore route, overshot runway 24 on landing at Mangalore Airport, killing 152 passengers and 6 crew members of the 166 people on board. The aircraft crashed into a wooded valley at the end of the runway and burst into flames. There were eight survivors. See also Air India Air India Cargo Air India Regional Air Kerala Notes Jump up ^ The Economic Times noted in July 2017 that each Boeing 737 has 189 seats ; however, Air India Express 's website states 186. References Jump up ^ `` IAS Pradeep Singh Kharola appointed new chairman of Air India ''. The Times of India. Retrieved 14 December 2017. Jump up ^ `` Air India to achieve fiscal targets ''. The Hindu. Retrieved 1 July 2016. Jump up ^ `` India 's common man flies ''. The Asia Times Online. Retrieved 20 September 2016. Jump up ^ Ramavarman, T. ( 14 December 2012 ). `` Shifting of Air India Express headquarters to Kochi gets nod ''. Times of India. Retrieved 5 February 2013. Jump up ^ `` Air India Express route scheduling from city soon ''. The Hindu. 7 January 2013. Retrieved 1 July 2016. Jump up ^ `` The changing face of Air India Express ''. News Xpress. Retrieved 20 September 2016. Jump up ^ `` Air India Express turns profitable for the first time ''. Economic Times. Retrieved 20 September 2016. Jump up ^ `` Air India Express nets profit of Rs 415 crore ''. Deccan Chronicle. Retrieved 3 December 2016. Jump up ^ `` Air India Express clocks ₹ 297 - cr profit in FY - 17 ''. The Hindu Businessline. Retrieved 1 July 2017. Jump up ^ `` Air India Express clocks net profit for second year ''. The Hindu. Retrieved 1 July 2017. Jump up ^ `` Summer timetable 2017 : 26th March 2017 to 28th October 2017 '' ( PDF ). Air India Express. Retrieved 13 September 2017. Jump up ^ `` Madurai - Singapore flight service to start from September 15 ''. Times of India. Retrieved 2 August 2017. Jump up ^ `` Air India Express airline profile ''. CAPA Centre for Aviation. Retrieved 13 September 2017. Jump up ^ `` Air India Express to connect Delhi ''. Times of India. Retrieved 5 June 2016. Jump up ^ `` Air India begins Air India Express codeshare partnership from Dec 2016 ''. Airlineroute. Retrieved 6 December 2016. Jump up ^ `` Air India Express plans fleet expansion, eyes more overseas routes ''. The Economic Times. Press Trust of India. 16 July 2017. Retrieved 13 September 2017. Jump up ^ `` Interior arrangement for Boeing 737 - 800 aircraft ''. Air India Express. Retrieved 13 September 2017. Jump up ^ `` Jet crash kills 158 in India ; 8 survive ''. 23 May 2010. Jump up ^ `` Indian official : 158 dead in Air India plane crash in Mangalore ''. Wire Update / BNO News. 22 May 2010. Archived from the original on 22 October 2013. Retrieved 5 June 2016. Jump up ^ `` Air India flight from Dubai crashes in India ''. MSNBC. 21 May 2010. Retrieved 5 June 2016. Jump up ^ `` Casualties feared in Air India crash ''. CNN. 22 May 2010. Retrieved 22 May 2010. Jump up ^ `` India plane crash in Mangalore leaves nearly 160 dead ''. BBC News. 22 May 2010. Retrieved 5 June 2016. External links Media related to Air India Express at Wikimedia Commons Official website Kerala portal Mumbai portal Companies portal Aviation portal Air India Parent Air India Limited Services Air India Cargo Air India Express Air India One Alliance Air Destinations Air India Air India Express Alliance Air destinations Accidents and incidents Flight 245 ( 1950 ) Kashmir Princess ( 1955 ) Flight 101 ( 1966 ) Flight 855 ( 1978 ) Flight 403 ( 1982 ) Flight 182 ( 1985 ) Others Air India Building Air India football club This list is incomplete Airlines of India Directorate General of Civil Aviation ( DGCA ) Mainline AirAsia India Air India Air India Express GoAir IndiGo Jet Airways SpiceJet Vistara Regional Air Deccan Air Odisha Alliance Air Supreme Airlines TruJet Zoom Air Cargo Blue Dart Aviation Quikjet Airlines Charter Chhattisgarh Air Link Club One Air Deccan Charters Ghodawat Aviation Fly Divine Dove Airlines Jagson Airlines Jal Hans Pawan Hans Pinnacle Air Pushpaka Aviation Spirit Air TajAir Titan Aviation Ventura AirConnect Planned Star Air Air Kerala FlyEasy Fly Hornbill Kerala Seaplane Premier Airways Zav Airways Defunct Air India Cargo Air Costa Air Carnival Air Mantra Air Dravida Air Pegasus Ambica Airlines Deccan 360 Archana Airways Aryan Cargo Express Crescent Air Damania Airways Darbhanga Aviation Deccan Airways Limited East - West Airlines Elbee Airlines Gujarat Airways Himalayan Aviation Indian Indian National Airways Ltd Indus Air Jamair Kalinga Airlines Kingfisher Airlines MDLR Airlines ModiLuft NEPC Airlines Paramount Airways Pushpak Airlines Simplifly Deccan Tata Airlines Transportes Aéreos da Índia Portuguesa Vayudoot VIF Airways Airports in India Retrieved from `` https://en.wikipedia.org/w/index.php?title=Air_India_Express&oldid=828035779 '' Categories : Air India Low - cost carriers Airlines established in 2004 Airlines of India Hidden categories : Use Indian English from December 2015 All Wikipedia articles written in Indian English Use dmy dates from December 2015 All articles with unsourced statements Articles with unsourced statements from September 2017 Talk Contents About Wikipedia বাংলা Deutsch Español Euskara فارسی Français ગુજરાતી 한국어 हिन्दी Bahasa Indonesia Italiano עברית मैथिली മലയാളം मराठी Nederlands 日本 語 ਪੰਜਾਬੀ Polski Português Русский Suomi தமிழ் తెలుగు Українська اردو 中文 19 more Edit links This page was last edited on 28 February 2018, at 04 : 54. 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Question: who is the owner of air india express
Answer: Indian flag carrier airline Air India