Alliance Air (India)
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| Commenced operations | 15 April 1996 | ||||||
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| Fleet size | 21 | ||||||
| Destinations | 57 | ||||||
| Parent company | AI Assets Holding Limited (Government of India) | ||||||
| Headquarters | Delhi, India | ||||||
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| Revenue | ₹72.41 billion (US$860 million) (FY 2021-22) | ||||||
| Operating income | ₹−44.64 billion (US$−530 million) (FY 2021-22) | ||||||
| Profit | ₹−44.74 billion (US$−530 million) (FY 2021-22) | ||||||
| Total equity | ₹280.50 billion (US$3.3 billion) (FY 2021-22) | ||||||
| Employees | 835 (as of 31 March 2022) | ||||||
| Website | www | ||||||
Alliance Air (formerly Air India Regional), is a state-owned Indian regional airline. Headquartered in Delhi, the airline operates mainly on domestic routes as part of the government's UDAN regional connectivity scheme. As of May 2024, it operated to 57 destinations from its hubs at Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai, with a fleet of 21 aircraft consisting of ATR 72-600, ATR 42-600, and Dornier 228.
Alliance Air was established as a subsidiary of the government owned Indian Airlines in April 1996. After the merger of Indian Airlines with Air India in 2011, it was named as Air India Regional. When Air India was sold to Tata Sons in 2021, the ownership of the airline was retained by the government. It became part of AI Assets Holding Limited, a special purpose vehicle, was formed by the government.