Vistara - a partnership between
Tata Sons and Singapore Airlines- on Monday obtained the Air Operator Permit
(AOP) or permit to fly from aviation regulator Directorate General of Civil
Aviation (DGCA). This opens up the way for cheap air tickets air travel -
where Tata Sons keeps a 51 % share while the staying 49 % is with Singapore
Airlines - to begin functions in India.
Vistara will be the third full
service airline after state-run Air Indian and Jet Air passage.
"The AOP is an important
landmark as it is the ultimate step in a very technological and complicated
conformity process," the air travel said in a declaration.
Headquartered in New Delhi,
Vistara will begin functions with its navy of Airbus A 320-200 airplane and
will soon create a declaration on the begin of sales, routes and plans, it
said.
Vistara currently has two rented
Airbus A-320s in its navy and programs to induct three more by March next
season.
The air travel programs to link
Mumbai, Bangalore, Hyderabad, Goa, Chandigarh, Srinagar, Jammu and Patna in the
first season of its functions.
It programs to opearted 87 flights
in the first season, with five rented Airbus A320s, and then ranges it up to
301 flight tickets by it all season. You can book domestic air tickets with
this airline very soon.
The airline, with an preliminary
mixed investment of $100 thousand or over Rs 600 crore from the Tata team and
Singapore Airlinee, represents the third international Foreign Direct
Investment (FDI) in the airplane industry since the govt announced last season
worldwide airlines could buy as much as 49 % of local providers.
The Tata team has already set up
another air travel with Malaysia-based budget airline AirAsia. The service
provider is functional.
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