About Alliance Air Aviation Limited
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Alliance Air Aviation Limited is a public limited union government company based in New Delhi, Delhi, India, a subsidiary of Ai Assets Holding Limited. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 13 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL1983GOI016518. Its GSTIN is 02AAACA1517B1ZS (Himachal Pradesh). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,002.25 Cr. It was formerly known as Airline Allied Services Limited and Alliance Air Limited. It is led by directors including Asangba Chuba and Nayonika Dutta.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Alliance Bhawan Domestic Terminal – 1 Igi Airport, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2024, the company reported a revenue of ₹962.55 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹621.02 Cr (net margin -64.5%) and EBITDA of ₹32.8 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹349.05 Cr and satisfied charges of ₹216.8 Cr on record. Court records list 111 cases involving the company, including 37 filed by the company and 74 filed against it; 54 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in June 2023. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allianceair.in.
Company details
Name history
Alliance Air Aviation has undergone 2 name changes throughout its history. The company was previously known as Airline Allied Services Limited, and Alliance Air Limited. The current legal name is Alliance Air Aviation Limited.
| Company Name | Status |
|---|---|
| Alliance Air Aviation Limited | Current |
| Airline Allied Services Limited | Previous |
| Alliance Air Limited | Previous |
CIN history
Alliance Air Aviation has one previous CIN (Corporate Identification Number): U51101DL1983PLC016518. The current CIN is U51101DL1983GOI016518, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101DL1983GOI016518 | Current |
| U51101DL1983PLC016518 | Previous |
Contact details
Alliance Air Aviation Limited's registered office is in New Delhi, Delhi. Its website is allianceair.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAlliance Bhawan Domestic Terminal – 1 Igi Airport, New Delhi, Delhi, India – 110037
- IndustryTransport and Logistics, Air Transport Services
To see the full contact details of Alliance Air Aviation Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Alliance Air Aviation is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Alliance Air Aviation Limited, buy the company report.
Financials of Alliance Air Aviation Limited
FY 2024 filings availableAlliance Air Aviation Limited reported revenue of ₹962.55 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 83% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹621.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | -64.5% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Alliance Air Aviation Limited, buy the company report.
Board of directors of Alliance Air Aviation Limited
Alliance Air Aviation has 4 current directors and 58 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asangba Chuba | Nominee Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Nayonika Dutta | Nominee Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Amit Kumar Also directs: Hotel Corporation of India Limited, AI Airport Services Limited, AI Engineering Services Limited and 1 more | Nominee Director | 13 Mar 2025 | 1 Years 7 Months | Current |
| Rohit Raj Also directs: Hotel Corporation of India Limited | Nominee Director | 18 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Alliance Air Aviation Limited is audited by SK Kapoor & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SK Kapoor & Co. | FY 2023 | 000745C |
Shareholding
The shareholding of Alliance Air Aviation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alliance Air Aviation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2025 | 101142328 | Others | ₹3 Cr | Open | |
| 16 Nov 2023 | 100812304 | Others | ₹25.54 Cr | Open | |
| 08 Mar 2023 | 100693402 | Others | ₹40 Cr | Open | |
| 12 Sep 2019 | 100292606 | Others | ₹12.2 Cr | Open | |
| 31 May 2019 | 100270964 | Others | ₹4.56 Cr | Open |
To see the full charge records of Alliance Air Aviation Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Alliance Air Aviation Limited has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in June 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Rights issue | ₹600 Cr | Investors: AI Assets Holding Limited |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: AI Assets Holding Limited Seller: Air India Limited |
| Sep 2015 | Rights issue | ₹400 Cr | Investors: Air India Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Air India Limited, Air India Limited & Sushma Chawla, Air India Limited & Manjira Khurana Seller: Indian Airlines Limited , Indian Airlines Limited & Chawla Shushma, Indian Airlines Limited & Grover S H |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alliance Air Aviation Limited has 111 court cases on record: 37 filed by Alliance Air Aviation, 74 filed against it. 54 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 34 | 41 |
| High courts | 41 | 39 | 13 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Neha Aviation Management Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Ms C G Logistics Pvt Ltd Through Its Director Rajesh Dubey | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M/S Mayflower Hotel and Resorts LLP | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Chanson Motors Pvt Ltd | Disposed |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by M/S Mayflower Hotel and Resorts LLP | Disposed |
To see the full case history of Alliance Air Aviation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Alliance Air Aviation Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
To see the full MSME payment records of Alliance Air Aviation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Alliance Air Aviation has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACA1517B1ZS | Himachal Pradesh | Active | 01 Jul 2017 |
| 13AAACA1517B1ZP | Nagaland | Active | 01 Jul 2017 |
| 18AAACA1517B1ZF | Assam | Active | 01 Jul 2017 |
| 27AAACA1517B1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alliance Air Aviation Limited, buy the company report.
Recent activity
Alliance Air Aviation Limited has 54 board changes on record since 2007: 6 appointments and 48 cessations. The latest: Rajarshi Sen was appointed as CEO on 07 May 2025.
60 earlier events are in the company report.
Frequently asked questions
Alliance Air Aviation is an active public limited union government company based in New Delhi, Delhi, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 13 September 1983 (43+ years old) and is registered under CIN U51101DL1983GOI016518.
Alliance Air Aviation has 4 current directors:
- Asangba Chuba - Nominee Director
- Nayonika Dutta - Nominee Director
- Amit Kumar - Nominee Director
- Rohit Raj - Nominee Director
The latest financial statements of Alliance Air Aviation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Alliance Air Aviation is 02AAACA1517B1ZS, registered in Himachal Pradesh. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 13AAACA1517B1ZP (Nagaland), 18AAACA1517B1ZF (Assam), 27AAACA1517B1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Alliance Air Aviation is U51101DL1983GOI016518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alliance Air Aviation has 111 court cases on record: 37 filed by the company and 74 filed against it. 54 are pending. Most are in the district courts.
Alliance Air Aviation was incorporated on 13 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Delhi.
Alliance Air Aviation has 4 deals on record (2 secondary share transfers, 2 rights issues); the latest was in June 2023.
Rajarshi Sen was appointed as CEO on 07 May 2025. Brajesh Kumar Srivastava ceased to be Nominee Director on 28 Mar 2025. Rohit Raj was appointed as Nominee Director on 18 Mar 2025. Alliance Air Aviation has 54 board changes on record in total.
Alliance Air Aviation has 7 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 30 micro and small suppliers. The latest return was filed on 19 Dec 2023.
Alliance Air Aviation can be reached through the website allianceair.in. Its registered office is in New Delhi, Delhi, India.
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