Singapore Airlines India JV eyes September launch

NEW DELHI Fri May 9, 2014 11:06am IST

People walk past a Singapore Airlines ticketing counter at Changi Airport in Singapore May 7, 2014.  REUTERS/Edgar Su

People walk past a Singapore Airlines ticketing counter at Changi Airport in Singapore May 7, 2014.

Credit: Reuters/Edgar Su

Stocks

   

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)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Microsoft Earnings

Microsoft Earnings

Microsoft sales beat Street hopes, cloud profits up.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

U.S. Economy

U.S. Economy

Spectre of no-inflation world looms over Fed's return to normal  Full Article 

Insider Trading

Insider Trading

Rengan Rajaratnam, SEC to settle civil insider trading charge.  Full Article 

Market Watch

Market Watch

Betting on the beaten up? Investors pin hopes on stocks in Europe, Japan.  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage