Singapore Airlines India JV eyes September launch
NEW DELHI (Reuters) - Singapore Airlines Ltd's(SIAL.SI) Indian joint venture is looking to start flights from Sept. 1, according to its application to the sector regulator for permission to operate.
TATA SIA Airlines Ltd, 49 percent-owned by the Singapore carrier and 51 percent held by Tata Group, plans to operate 87 flights a week during its first year of operation, it said in the application. The airline plans to nearly double that number during its second year.
The carrier said it is taking Airbus A320-200 and A320-200 neo planes on lease, without disclosing how many will be in the fleet, and will be based in Delhi. It may add other bases in India in later years depending on the rate of fleet growth, it said.
TATA SIA initially plans to operate domestic flights, but will eventually expand to international full-service flights, it said in the application. India is in the process of scrapping a rule that does not allow carriers with less than five years of operations and 20 aircraft to operate international flights.
The Indian aviation regulator, which this week gave a flying permit to a low-cost airline joint venture of AirAsia (AIRA.KL) and Tata Group, has sought comments from the public on TATA SIA Airlines' application for a permit.
(Reporting by Devidutta Tripathy; Editing by Kenneth Maxwell)
- Tweet this
- Share this
- Digg this
- UPDATE 2-Girl who fatally shot Arizona gun instructor said weapon was too powerful
- UPDATE 1-Girl who fatally shot Arizona gun instructor said weapon was too powerful
- UPDATE 6-Islamic State issues video of beheading of U.S. hostage
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Comedian Joan Rivers still on life support - daughter
Optimism that sunny growth figures herald an economic revival in India is probably misplaced - in fact there is little hard evidence to support the idea that Asia's third-largest economy is heading for a broader and sustained rebound anytime soon. Full Article
100 days of Modi: Good for business, not so good for marginalised groups. Full Article