Vistara will not place new plane orders while it awaits regulatory approval to merge with Air India but that will not stop the airline from adding more international routes to boost profits, its chief executive said on Tuesday.
The carrier, a joint venture between Singapore Airlines and India’s Tata Sons, will receive its pending order for 17 aircraft by the end of 2024, taking its total fleet to 70 planes, Reuters reported.
“We have not looked at any orders beyond that,” Vinod Kannan told reporters.
→ Uzbekistan Airways orders 12 A320neo Family aircraft
“There has been the announcement about the merger and integration with Air India. Once we have approval from the relevant authorities … we will have to sit down together with Air India as a joint entity to see what we do,” he said.
But Vistara’s expansion will continue and the airline is “not going to scale back” because of the integration, he added.
Tata said in November it was merging its two full-service carriers – Air India and Vistara – to create a bigger airline to take on local rivals like IndiGo as well as Middle Eastern carriers that dominate outbound traffic from India.
Tata is also expected to announce on Friday a new plane order of some 495 aircraft for Air India, Reuters reported, as it looks to revamp the airline under its ownership.
Related Topics
Boeing Delivers 53 Jets in July, Down 11 From June
FAA Orders Inspection of Hundreds of Boeing 737 MAX Aircraft Over Potential Fuselage Cracking
FAA Certifies Boeing 737-7
Somon Air Takes Delivery of First Boeing 737-8, Launching the MAX Era in Tajikistan
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.