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DGCA grants approval for merger of AIX Connect, Air India Express

Business Standard LogoBusiness Standard12h ago

DGCA grants approval for merger of AIX Connect, Air India Express - Business Standard

Quick Summary:

To mitigate these challenges, DGCA proactively engaged with all stakeholders and initiated continuous extensive discussions aimed at creating a procedure that would ensure regulatory compliance.

DGCA also evaluated the personnel needs of the merged airline, ensuring that the workforce was appropriately trained and distributed to meet the demands of the expanded fleet, which is critical for maintaining safety and operational efficiency.

The successful merger of AIX Connect and Air India Express sets a new benchmark for future airline consolidation, highlighting the importance of strategic regulatory oversight in the aviation industry.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 14:27:04 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22834347

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 371 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "DGCA grants approval for merger of AIX Connect, Air India Express" was covered 12 hours ago by Business Standard, a news publisher based in India.

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