Wednesday, August 02, 2017

Vistara likely to order over 100 aircraft in expansion bid

New Delhi: Full service carrier Vistara is likely to place a mega order for wide-body aircraft soon. The order The order which will be a mix of narrow and wide body  will come after fresh capital infusion from promoters may be for more than 100 aircraft. Tata Sons holds 51 per cent stake while Singapore Airlines owns the rest 49 per cent. As part of its plans,

Vistara may advance its current A320 delivery schedule from June 2018 as it is negotiating with the lessor for early delivery. A 20th aircraft will allow the airline to fly abroad but not before four to six months.

According to sources who spoke to Business Standard, Roshan Joshi the airline’s senior vice president for flight operations wrote to employees that the airline is in the final stages of finalising the aircraft type and delivery date. “We are closely working with SQ (code for Singapore Airlines) and evaluating our delivery dates and aircraft type. We expect a big triple digit order, once finalised,” Joshi wrote. Aviation consultancy firm CAPA had earlier said that it expects the airline to opt for Boeing 777 type for its long haul operations. Spokesperson of the company did not respond to queries sent by the paper.
03/08/17 Arindam Majumder/Business Standard