Vistara, a joint venture of Tata Sons Ltd and Singapore Airlines, will consider the Calicut International Airport in Karipur among others for its international services which will be launched in March 2018.
The company has approached DGCA seeking permission to conduct economic survey ahead of the new service in Kozhikode-Gulf region. The company will evaluate the scope of the profit and loss of new services.
Vistara aims to start airline services to Dubai, Sharjah and Muscat. It is learned that the seats allotted to Gulf-based airline companies, as per the agreement between union government and the Gulf countries, has already been filled. Hence, it is not possible for these foreign companies to start new services in India.
Meanwhile, 30 percent of the seats allotted by Gulf countries to Indian airline companies are vacant. Thus Vistara has decided to make use of this opportunity.
As per the National Civil Aviation Policy, companies which have at least 20 aircrafts in their fleet are allowed to operate international services.
Presently, Vistara has 16 aircrafts in their fleet. The company is expected to get the newly ordered aircrafts within June 2018. But the company is trying to get it by March to start the service. Read More…