Saturday, September 30, 2017

Vistara wants to fly overseas by May next year

Vistara Airlines has approached the Aviation Ministry to start international operations from May next year, reports the Economic Times.

Vistara is a joint venture between Tata Sons and Singapore Airlines, where Tata owns 51 percent and Singapore Airlines has a 49 percent stake. They expect to meet the 20-plane eligibility norm by next year.

"As part of the preparation, we have also advanced our aircraft deliveries and expect to receive our 20th aircraft by March 2018. In addition to our initial order, we are leasing two Airbus A320neos, which will arrive by June 2018," the airline told ET.

Sources told the newspaper that the airline is waiting to get a no-objection certificate (NoC) from the ministry and a final approval from Directorate General of Civil Aviation to fly overseas.

Currently, Air India, Jet Airways, IndiGo and SpiceJet are the only Indian airlines that fly internationally.

The airline's proposal said that it aims to connect India to 50 destinations in Europe, the Middle East and Southeast Asia. They will fly their own aircraft and codeshare partners over a period of three years.
30/09/17 Moneycontrol
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