Mumbai: Singapore Airlines and Vistara are now working on an anti-trust immunity (ATI) agreement — the next big step to the Indian joint venture's plans to fly abroad — that will help both airlines extract greater operational synergies.
"Deeper synergies in international operations with Vistara will only be possible with an ATI agreement. That is being worked upon right now. But it's still in its initial stages," David Lim, general manager, India for Singapore Airlines, told ET in an interview.
In the absence of such an agreement, the two airlines would be competitors in the international space and can't align inventories and services to capture the synergies. The agreement would allow the carriers to access each other's ticketing services, match flight timings to build connections, and align networks.
"We already have close to 20 interline partnerships with leading global airlines, including with Singapore Airlines and SilkAir. We will continue to explore more potential cooperation opportunities as we spread our wings further," said a spokesperson at Vistara.
The airline, a joint venture between Singapore Airlines and Tata Sons, plans to start international operations in the second half of 2018. It will get its 21st plane in May. Indian regulations require an airline to have a fleet of 20 aircraft before it is considered for overseas operations.
20/01/18 Anirban Chowdhury/Economic Times
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"Deeper synergies in international operations with Vistara will only be possible with an ATI agreement. That is being worked upon right now. But it's still in its initial stages," David Lim, general manager, India for Singapore Airlines, told ET in an interview.
In the absence of such an agreement, the two airlines would be competitors in the international space and can't align inventories and services to capture the synergies. The agreement would allow the carriers to access each other's ticketing services, match flight timings to build connections, and align networks.
"We already have close to 20 interline partnerships with leading global airlines, including with Singapore Airlines and SilkAir. We will continue to explore more potential cooperation opportunities as we spread our wings further," said a spokesperson at Vistara.
The airline, a joint venture between Singapore Airlines and Tata Sons, plans to start international operations in the second half of 2018. It will get its 21st plane in May. Indian regulations require an airline to have a fleet of 20 aircraft before it is considered for overseas operations.
20/01/18 Anirban Chowdhury/Economic Times
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