Alliance Air, a regional airline, has become an autonomous corporate unit under the jurisdiction of the federal government. Prior to Air India's disinvestment, Alliance Air was a subsidiary of the latter. It is now managed as a part of Air India Asset Holdings Pvt Ltd. (AIAHL). It began as a wholly-owned subsidiary of Indian Airlines in 1996, which eventually amalgamated with Air India.
As part of the government's Regional Connectivity Scheme, the airline mostly flies internal regional routes. It now has 19 aircraft, 18 ATR-72s and 1 Dornier-228, that it uses to connect Tier-II and Tier-III cities on over 100 regional routes. In terms of financials, the airline made an operational profit of Rs 65 crore on a revenue of Rs 2,000 crore in 2019-20.
"After its disinvestment on April 15, 2022, Alliance Air will no longer be a part of Air India and would be administered as an independent business entity under the government of India," the airline said in a statement. With the flight code '9I-XXX,' the airline will now sell tickets under the Alliance Air brand.
In a tweet, the airline had said on Thursday: “Passengers holding tickets of Air India with a four-digit flight number starting with ‘9’ or 3-digit flight number starting with ‘9I’ may please be informed that these bookings belong to Alliance Air.