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Vistara eyes expansion on International routes

  • Tata-SIA owned full-service airline, Vistara Airways plans
    to expand to its fleet and go international in next two years, its CEO said on
    Tuesday, following an expected change in rules that could allow new carriers to
    operate abroad.


    • Tata-SIA owned full-service airline, Vistara Airways plans
      to expand to its fleet and go international in next two years, its CEO said on
      Tuesday, following an expected change in rules that could allow new carriers to
      operate abroad.



    • Vistara is looking-forward to procure new narrow and
      wide-bodied aircrafts to expand its fleet on the domestic routes and start
      flying to the Gulf and eventually to the Europe and the US, Phee Teik Yeoh
      said.

    • “There are lots of opportunities. Suddenly when the 5/20
      rule goes away it’s a new ball game,” he told Reuters in an interview.

    • Under the current 5/20 rule, an airline must procure a 20
      aircraft fleet and serve the domestic sector for atleast five years to be
      eligible to fly abroad.

    • “Seventy percent of international traffic that Indians
      travel is westwards. This is where our focus will be,” Yeoh said.

    • The size and the timing of the new plane order would depend
      on the government revising current restrictions. The new rules proposed by the
      ministry will require airlines to earn credits operating domestic routes to
      entitle them to operate overseas.

    • Vistara will be the only airline after Jet Airways and Air
      India to offer full-service on international routes.

     

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