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Commenced operations | 15 April 1996 | ||||||
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Hubs | |||||||
Fleet size | 21 | ||||||
Destinations | 56 | ||||||
Parent company | Air India Asset Holdings Limited | ||||||
Headquarters | Delhi, India | ||||||
Key people |
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Founder | Government of India | ||||||
Revenue | ₹7,241.10 crore (US$850 million) (FY 2021-22)[3] | ||||||
Operating income | ₹−4,464.33 crore (US$−520 million) (FY 2021-22)[3] | ||||||
Profit | ₹−4,473.92 crore (US$−520 million) (FY 2021-22)[3] | ||||||
Total equity | ₹28,050.35 crore (US$3.3 billion) (FY 2021-22)[3] | ||||||
Employees | 835 (as of 31 March 2022) | ||||||
Website | www |
Alliance Air (formerly Air India Regional) is a wholly-owned subsidiary of Air India Asset Holdings Limited, a special purpose vehicle formed by the Government of India after the disinvestment of Air India Limited. It was founded in April 1996 as a wholly-owned subsidiary of Indian Airlines (later merged with Air India in 2011 and remained a subsidiary till 2022) and mainly operates domestic routes as part of the government's Regional Connectivity Scheme. Government of India notified Alliance Air as Designated Indian Flag Carrier.[4]