New Delhi, Aug 7 - Air India's low cost carrier Air India Express will launch its domestic operations with 27 flights a day mid-September and increase it to 75 later, a top company official said here Friday.

'This will improve our bottomline. We expect to benefit Rs.180-200 crore,' said Air India chairman and managing director Arvind Jadhav at a media briefing.

The low cost services will be started with 10 aircraft.

The loss-making Air India has also committed before a committee of secretaries, which is looking into its financial health, that it would achieve a turnaround within 24-36 months.

'NACIL (National Aviation Co of India Ltd that owns the carrier) will have to change the way it does its business and we will do it.