Vistara, the Tata-Singapore Airlines joint venture full-service carrier that received its air operators permit (AOP) on Monday, is expected to begin operations in India in the second week of January. Given the state of the domestic aviation sector, it appears, the airline could not have found a better time to taste the Indian skies.
To begin with, Vistara could leverage the opportunity thrown open by the sudden decline of low-cost carrier SpiceJet, which controls over 16 per cent of the domestic market.
The Kalanithi Maran-controlled airline has reduced its capacity drastically by cancelling more than 1,800 flights in December. And there are no signs to suggest it will not do so in January, which might be a worse month for the airline. According to sources, SpiceJet has severely pruned its fleet and is operating only 17 Boeing aircraft, compared with 37 during its peak.
17/12/14 Surajeet Dasgupta/Business Standard
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To begin with, Vistara could leverage the opportunity thrown open by the sudden decline of low-cost carrier SpiceJet, which controls over 16 per cent of the domestic market.
The Kalanithi Maran-controlled airline has reduced its capacity drastically by cancelling more than 1,800 flights in December. And there are no signs to suggest it will not do so in January, which might be a worse month for the airline. According to sources, SpiceJet has severely pruned its fleet and is operating only 17 Boeing aircraft, compared with 37 during its peak.
17/12/14 Surajeet Dasgupta/Business Standard
