Tata’s Vistara airline starts domestic flight operation
Tata’s Vistara airline has started domestic flight operation in India. Vistara started its flight operation after first flight took off from Delhi to Mumbai on 9 January 2015.
Vistara airline is a joint venture of Tata Sons and Singapore Airlines (SIA). Earlier in 2014, Tata Group had to launch a full-service carrier in India with the help of SIA.
Some facts about Vistara airline
- As part of joint venture Tata group owns 51 percent stake of Vistara airline, while Singapore Airlines holds 49 percent of stake.
- In the first year of their service, they will operate flights from Delhi to Goa, Mumbai, Bangalore, Ahmedabad, Hyderabad, Chandigarh, Srinagar, Jammu and Patna.
- To start full-service, Vistara has leased two A320s air crafts.
- It will be the third full-service airlines in India, after state-run Air India and private carrier Jet Airways.
This is the second time the Tata group, has entered the full service airline business in India. First time in 1932, they had started Tata Airlines, which was later renamed Air India in 1946, and was nationalised in 1953.
Categories: Business & Economy Current Affairs 2017