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Vistara

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Vistara
File:Vistara logo.svg
IATA ICAO Call sign
UK VTI VISTARA
Founded2014
HubsIndira Gandhi International Airport, Delhi
Frequent-flyer programClub Vistara
Fleet size2
Destinations2
Parent companyTata Sons
Singapore Airlines
HeadquartersGurgaon, India
Key peoplePhee Teik Yeoh (CEO)
Prasad Menon (Chairman)
Websitewww.airvistara.com

Vistara is an Indian airline established as a joint venture between Tata Sons and Singapore Airlines. The new carrier, announced in 2013, will start operations from 9 January 2015.[needs update] The maiden flight will fly between Deihi and Mumbai.

History

The airline is a joint venture between Tata Sons and Singapore Airlines (SIA). The carrier was announced in 2013 and will be a full-service airline based in New Delhi. The two companies will initially invest a combined US$100 million to start the carrier, with Tata Sons owning 51 per cent and Singapore Airlines owning the remaining 49 per cent.[1][2] The Tata and SIA joint-venture received approval from India's Foreign Investment Promotion Board in October 2013, allowing SIA to take a 49 percent stake in the airline.[3] Vistara is taken from the Sanskrit word Vistaar (Hindi- विस्तार), meaning "expansion".[4][5]

Destinations

The airline plans to operate 87 weekly flights linking its hub in Delhi to Mumbai, Goa, Chandigarh, Bangalore, Hyderabad, Ahmedabad, Jammu, Srinagar, and Patna.[6] On 15 December 2014, Vistara received an air operator's permit and will reveal their routes and schedule shortly.[7] Vistara opened for bookings on 19 December 2014 and its first flight will be on 9 January 2015 between Delhi and Mumbai with its brand new Airbus 320.

Destinations

Codeshare agreements

Vistara has codeshare agreements with the following airlines:

Fleet

The airline has two Airbus A320s with 18 more on order.[8][9] The airline's first A320 was delivered on 23 September 2014[10] and arrived in Delhi on 25 September 2014.[11] Vistara will increase its fleet to 20 aircraft, including A320neos, by the end of the fifth year of operation. The leased aircraft are being sourced from Singapore-based BOC Aviation.[6]

References

  1. ^ "SIA partners Tata group to set up new airline in India". 19 September 2013. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  2. ^ "Tata, Singapore Airlines look to fly in Indian skies". Hindustan Times. 19 September 2013. Retrieved 12 August 2014.
  3. ^ "SIA, Tata proposal gets green light from India's foreign investment board". 24 October 2013. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  4. ^ "Tata SIA christens its airline, Vistara". Tata Sons. Retrieved 14 August 2014.
  5. ^ "Vistara meaning".
  6. ^ a b "Vistara's plan is flying". Daily News and Analysis. 13 August 2014. Retrieved 15 August 2014.
  7. ^ http://www.business-standard.com/article/news-ians/vistara-receives-flying-licence-to-start-operations-soon-114121500941_1.html. {{cite web}}: Missing or empty |title= (help)
  8. ^ "Singapore Airlines-Tata Indian joint venture orders Airbus A320s". 9 January 2014.
  9. ^ "Singapore Airlines-Tata Indian jv orders Airbus A320s".
  10. ^ http://xfw-spotter.blogspot.com/2014/07/a320-232sl-tata-sia-airlines-f-wwdt-vt.html
  11. ^ "Vistara takes delivery of first Airbus A-320 aircraft in Delhi". Business Standard. 25 September 2014. Retrieved 25 September 2014.