[10] Alliance Air began operating its first scheduled international flight from Chennai to Jaffna on 11 November 2019.

[11] Alliance Air announced that it had recorded an operating profit for the first time in its history during the 2019-20 fiscal year.

The Economic Times reported that the government also intended to sell Alliance Air and use the proceeds to pay down AIAHL's debt.

[17][18] Alliance Air signed an agreement with Hindustan Aeronautics Limited (HAL) to lease two 17-seater Dornier 228 aircraft in September 2021.

[20] Alliance Air signed a deal in February 2022 to acquire two ATR 42-600 aircraft for serving challenging airfields in the Himalayas.

It operates regional services in India through its hubs in Bengaluru, Delhi, Hyderabad, Kolkata and Mumbai.