Eleven airlines have exited India’s aviation market in the last decade, the government told Parliament on Monday, pointing to financial stress, aircraft shortages and internal issues as key reasons. ADVERTISEMENT"Since 2016, a total of 11 airlines have exited the market due to reasons such as financial stress, non-availability of aircraft and other internal issues. Ltd.) has merged with Air India Express Ltd., and Tata SIA Airlines Ltd. (Vistara) has merged into Air India Ltd," he said. AirAsia India, now AIX Connect, has been merged with Air India Express, while Vistara has been absorbed into Air India. He added, "The dues of TruJet towards AAI is Rs 0.03 crore while there are no dues of Jet Airways and Go First."

Source: The Telegraph March 23, 2026 12:08 UTC