India's newest airline-Vistara is bullish on growth prospects.
Chief Operating Officer, Sanjiv Kapoor will be leaving the company effective October 31, 2015 after two years with the organisation.
Teh word means expanse.
Phee Teik Yeoh, who has returned to the SIA HQ in Singapore worked hard to make Vistara the airline of choice. New CEO Leslie Thng would have the job of cutting losses while going international.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'
Vistara Chief Executive Officer Phee Teik Yeoh is expected to meet the senior management of BA over the next few days to discuss the partnership.
Tata-SIA joint venture carrier Vistara on Friday announced scaling up of operations and said it plans to operate 164 flights per week.
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Scholarships, sports and spirit define Phee Teik Yeoh, the new CEO of Vistara in India
Paving the way for launch of its flights, Tata-Singapore Airlines joint venture airline Vistara was on Monday granted flying permit by aviation regulator DGCA, almost nine months after it applied for the licence.
Vistara launched first flight from Hyderabad to New Delhi on Sunday.
The Delhi-based airline currently has 13 Airbus A320 aircraft in the fleet and it plans to take another seven (A320 Neo) planes by June 2018.
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Amadeus Altea Suite, a complete passenger service system, is currently used by more than 120 airlines across the world. Vistara is a 51:49 joint venture between Tata Sons and Singapore Airlines Limited.
Sources say the arilines has inducted a senior pilot from IndiGo to head its safety team.
The city will be the 10th destination for Vistara.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
The certification will enable Vistara to safely operate under low visibility conditions due to fog or any other poor weather conditions, which is anticipated in the north-east and northern parts of the country typically during the year-end and the beginning of the year, the airline said in a release.
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
Vistara was launched on January 9.
Most airlines lose 30 pilots a year. Vistara has lost only 2 in 18 months.
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
The airline, which is slated to get its first Airbus A-320 soon, had earlier announced plans to start operations in October.
Vistara has accelerated fleet expansion plan from June 2018 to earlier, open to talks with Boeing as well.
Tata's Vistara has a very strong core team to look into daily operations.
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The first set of routes that it will launch internationally will be the routes that can be flown by its existing aircraft, the A320s, which will be routes within three, three-and-a-half hours of India
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
Phee Teik Yeoh, the recently anointed chief executive officer of the airline, speaks to Business Standard on his aim of changing the rule of the game in the aviation sector by redefining service and operational experience for travellers accustomed to mere functionality.
India Inc has few leaders who are likely to grab headlines in 2015.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
Singapore Airline along with its Indian JV partner have got clearance from the aviation ministry.
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Vistara is keen to take to global skies.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
The sooner the airlines get their act together, the better.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
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