Aerospace
AirAsia India to merge with Air India Express by end of 2023
The bold Low-Cost Carrier strategy from Tata will change the game.
Merger likely by end-2023; to be branded Air India Express Milestone in transformation agenda to bring in efficiencies and enhanced scale
New Delhi, November 02, 2022: Air India today announced that it has signed agreements to complete the acquisition of 100% shareholding in AirAsia India (AAI) and to subsidiaries it under Air India. An operational review process is underway with a view to ultimately integrating AAI fully with Air India Express (AIXL). Consolidation of these two airlines, both of which operate as low-cost carriers, will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata group’s airline business and is expected to bring customer, revenue, cost, and operational benefits through broader adoption of each airlines’ best practices, systems and routes, and the combined entity’s greater scale.
Air India Express flight skids off runway while landing at Kochi airport(Opens in a new browser tab)
A working group has been formed to evaluate and execute the integration of the AI Group’s low-cost operations, which will be co-led by Sunil Bhaskaran, CEO & MD, of AirAsia India, and Aloke Singh, CEO, of Air India Express. The working group will report to a committee chaired by Air India MD & CEO, Campbell Wilson.
Tata’s 5-year plan to make Air India great again(Opens in a new browser tab)
The assessment and implementation of the full integration process of AAI and AIXL, through a possible scheme of merger or otherwise and subject to necessary corporate approvals, is expected to take approximately 12 months, with network and other synergies to be realized progressively during that period. Commenting on the development, Mr. Campbell Wilson, CEO & MD, of Air India. said, “We are excited to initiate the creation of a single Air India Group low-cost carrier. This is a key step in the rationalization and transformation of the Group, and we will be working closely with the management teams and staff throughout the process. We also look forward to the many new opportunities a stronger AI Group low-cost carrier will bring for customers and staff alike.”
Aerospace
Boeing’s Aurora Flight Sciences Expands Columbus Plant by 50,000 Sqft
Aurora Flight Sciences, a subsidiary of Boeing, has launched a significant expansion of its manufacturing facility near the Golden Triangle Regional Airport in Columbus, Mississippi.
This ambitious project will add 50,000 square feet of new space, renovate 40,000 square feet of the existing facility, and introduce advanced automation equipment, robotics, and non-destructive inspection technologies. mcas boeing enhancements will support the growing demand for Aurora’s aerospace systems business.
Since its establishment, Aurora Mississippi has specialized in the production of advanced composite components and assemblies for both military and commercial aircraft. The company first opened in 2005 at Mississippi State University’s Raspet Flight Research Laboratory in Starkville before relocating to its current site in Columbus two years later.
Initially occupying 21,000 square feet, the facility has since grown to encompass over 120,000 square feet, featuring cutting-edge manufacturing technologies such as automated fiber placement. Aurora’s latest expansion is a strategic investment aimed at increasing production capacity for composite components like boeing titanium used in executive jets and the MQ-25TM Stingray composite skins, a key project for its parent company, Boeing.
Additionally, the facility will produce components for NASA’s X-66 sustainable flight demonstrator aircraft, further diversifying its portfolio. Currently employing around 100 full-time staff in Mississippi, Aurora plans to hire more than 60 additional team members by the end of 2025.
Aurora’s expansion project underscores its commitment to Mississippi’s growing aerospace and advanced manufacturing sector. The company maintains strong partnerships with Mississippi State University (MSU) and East Mississippi Community College (EMCC), contributing to research, higher education, and workforce development in advanced manufacturing.
Additionally, Aurora actively supports local K-12 STEM education through summer camps and collaborates with high school vocational education programs. The expansion and renovation project will be carried out in phases over the next two years, with completion expected by 2026. This development marks a significant milestone in Aurora’s ongoing growth and its role in advancing aerospace manufacturing in Mississippi.
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