Wednesday, August 07, 2019

Vistara aims to have 50% flights on overseas routes in 5 years

Singapore: Vistara aims to deploy 50% of its capacity to international routes in the next five years as it gears up for flights to Europe next year and the US and Australia in the next few years, said its CEO.
The airline started its maiden international flight to from Delhi to Singapore on Tuesday. It will start flying from Mumbai to Singapore on Wednesday, Mumbai to Dubai from August 21 and Delhi to Bangkok from August 27.
“We want to start flights to Europe as soon as possible,” Leslie Thing told reporters Wednesday. He said the airline would look at London’s constrained Heathrow airport and at a later stage or “phase two” of its growth plans, direct flights to Austalia and the US.
Vistara currently has a fleet of 30 planes including 7 Boeing 737s that were earlier operated by grounded airline Jet Airways. It will press two more 737s into service this month. It has taken them on lease for periods between 1 and 4 years, said Thng. It operated its maiden international flight with a 737 plane. The arrival and departure slots it has received to operate Singapore, Dubai and Bangkok also belonged to Jet Airways. The Singapore flights will be operated by Airbus A320s from October, said Thng. It plans to shortly start flights to the Colombo and Kathmandu.
These and several overseas and domestic slots have been allocated to Vistara and its peers “on a temporary basis” as Jet undergoes bankruptcy proceedings directed by the National Company Law Tribunal (NCLT). Thng said Vistara has requested the government to let it continue using the slots, irrespective of whether Jet is revived by a new investor.
07/08/19 Anirban Chowdhury/Economic Times
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