Big changes are going to happen in Tata Group’s low-cost airline Air India Express (AIX). The airline’s managing director (MD) Alok Singh will step down after the completion of his tenure on March 19. He announced his resignation in a message sent to staff on Monday. It was under the leadership of Alok Singh that Air India Express completed the process of merger of AirAsia India (now AIX Connect) with itself. With his departure, this Tata Group-owned airline will also see a leadership change at the top level. Alok Singh mentioned the lines of Sufi poet Rumi in a message sent to the employees. He wrote, ‘You are not a drop in the ocean, you are the entire ocean in a drop.’ Describing his 5-year journey as extraordinary, he said that I am proud of what we have built and who we have become while building it. It has been a journey that has no comparison, I wouldn’t want to change even a single chapter of it. Alok Singh became MD on 19 March 2023. Alok Singh became the CEO of the then government airline Air India Express on 9 November 2020. Even when Tata Group acquired Air India in January 2022, Singh was kept at the helm. After this, on 19 March 2023, he was appointed MD for three years. Now his tenure is ending on March 19. Achievements during Alok Singh’s tenure: During Singh’s tenure, Air India Express grew from a small airline to India’s third largest narrow-body operator. Achievements of his tenure… Captain Hamish Maxwell will be the new Accountable Manager. Alok Singh is currently handling the responsibility of ‘Accountable Manager’ along with MD. Following his departure, the airline’s Chief Operations Officer (COO) Captain Hamish Maxwell will be the new accountable manager. The Accountable Manager is the person who has ultimate accountability to the Regulatory Authority (DGCA) for the airline’s operations and safety standards. Also read this news… Stock market will remain closed on Holi on March 3: There will be no trading in NSE-BSE, MCX will open in the evening session; Market will open on March 4 Amidst the ongoing confusion regarding the date of Holi across the country, National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have cleared their holiday calendar. Stock markets will remain closed on Tuesday (3 March 2026) on the occasion of Holi. There will be no work in equity, derivatives and SLB segments during this period. However, there has been a slight change in the timings of the commodity market (MCX). Read the full news…
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Air India Express MD Alok Singh resigns: 5 years tenure completed; The merger of AirAsia India took place under his leadership.
