Mar 01, 2015 at 17:20 | Source: PTI
High jet fuel cost makes the Indian carriers less competitive with the other global airlines. In terms of taxes regime, for the aviation industry the government should take action. 5/20 rule must be removed for the benefit of the nation and for the industry.
Jan 09, 2015 at 19:09 | Source: PTI
Entering at a turbulent time facing the sector, the airline said it would not be "lavish or over-the-top" in the name of being a full service carrier. Tatas hold a majority 51 percent stake in Vistara -- a joint venture with Singapore Airlines, which holds the remaining 49 percent.
Jan 08, 2015 at 19:19 | Source: CNBC-TV18
On January 9 2015, the Indian skies will see a new entrant flying. A product of two marquee names - India's latest full service airline, Vistara is the realisation of a long standing Tata dream. Here is a look at the making of this new airline.
Jan 04, 2015 at 20:34 | Source: PTI
Tata-SIA joint venture airline Vistara, which is all set to take wings from Friday with flights connecting Delhi, Mumbai and Ahmedabad, is expected to take delivery of its third Airbus A-320 aircraft this week.
Oct 30, 2014 at 18:22 | Source: PTI
Under the proposed combination, Boeing Singapore would hold 51 percent stake in the Singapore-based joint venture company, while 49 percent would be with SIA Engineering Company Ltd (SIAEC) -- a subsidiary of Singapore Airlines.
Sep 21, 2014 at 18:40 | Source: PTI
Almost all major airlines, including the proposed Tata-SIA carrier Vistara, and business jet operators have submitted their opinions to the Civil Aviation Ministry over the past few days opposing various provisions of the draft policy, and called for further deliberations.
Sep 18, 2014 at 15:22 | Source: PTI
Full service product with complementary meal service would be provided on all domestic flights from December 1, with the buy-on-board concept being discontinued, an airline statement said.
Aug 14, 2014 at 09:04 | Source: Reuters
The competition in the full-service sector is heating up with no guarantees there will be enough passengers willing to pay higher prices to sustain three carriers in a market where low-fares dominate and where airlines struggle to make a profit.
Aug 11, 2014 at 18:59 | Source: PTI
"We are in the last lap of the process of securing the Air Operator Permit (AOP of flying licence). There are a series of approvals which we have to get to the satisfaction of DGCA," said Phee Teik Yeoh, the CEO of the start-up full-service airline 'Vistara'.
Aug 11, 2014 at 16:27 | Source: Moneycontrol.com
In an industry beset with losses and debt, the smallest of Indias five major airline companies, GoAir, has declared that it managed to post a profit of about Rs 100 crore each in both FY2013 and FY2014 -- showing how prudence and common sense can go a long way in helping carriers survive in an industry known for making its participants bleed.