AI Express mulls fleet expansion and add foreign routes

Air India Express, the low-cost subsidiary of Air India, is preparing a 10-year vision document, and would be increasing its fleet and adding more foreign destinations. According to a senior official of the airline, despite government planning a roadmap of disinvestment of Air India, Air India Express would be consolidating its existing operations and will be looking at adding more aircraft to its fleet and increasing its overseas footprint. Air India Express posted Rs 296.7 crore net profit in 2016-17.