Eyeing potential business opportunity, Boeing Corporation is planning to approach the proposed Tata-Singapore Airlines.
Tata's Vistara has a very strong core team to look into daily operations.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
Vistara has entered a country that has been sobered down to reality.
The response to the sale has been overwhelming.
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
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.
Indian airlines currently are required to have a minimum fleet of five aircraft and five years of operational experience for starting international services.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
By 2025, most of India's large cities would require a second airport, and Mumbai may need a third airport by 2030.
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 year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
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