The Indian aviation industry underwent several changes in the past few decades that made it a better and efficient market place. A number of global operators are interested in setting up their base in the country and recently Malaysia-based AirAsia entered in the market, followed by the Tata – Singapore Airlines joint venture – Vistara. The former one initially targeted the niche market and launched operations to and from South Indian cities like flights to Thiruvananthapuram, Chennai and Bangalore. However, now it is planning to expand the business and may soon be adding new cities in its booking list. On the other hand, Vistara will start operations in the New Year with flights to Delhi, Mumbai and Ahmedabad.
Other cities of the country will soon be added in the booking list as soon as the carrier receives the due delivery of 18 more aircraft. It purchased 20 Airbus models on lease, including Neos and only two of them have been delivered so far. In addition, this full-service airline may also initiate global operations in the coming months as the aviation authorities of the country are planning to remove the 5/20 article. As per the 5/20 rule, carriers have to operate for at least five years and own 20 aircraft in order to commence international business. If the government removes this barrier, the Tata-owned operator may launch Bangkok, Malaysia, Singapore and Paro Delhi flights, as these destinations are among favourite tourist spots around the country.
As far as domestic plans are considered, the carrier is planning to operate 87 flights, connecting Goa, Delhi, Chandigarh, Mumbai, Srinagar, Ahmedabad, Patna and Hyderabad. As per reports, the first maiden flight between Delhi and Mumbai will be launched on 9th of January, 2015. Industry watchers believe that this joint venture will bring some significant changes in the market, the first among them is introduction of the Premium Economy Class. In addition to this, the experience of the Tata Group in corporate world along with expertise of Singapore Airlines in the aviation industry may help this airline in quickly grasping the market share. As per reports, it has innovative pricing strategies that offer unique flying experience at economical costs.
Other cities of the country will soon be added in the booking list as soon as the carrier receives the due delivery of 18 more aircraft. It purchased 20 Airbus models on lease, including Neos and only two of them have been delivered so far. In addition, this full-service airline may also initiate global operations in the coming months as the aviation authorities of the country are planning to remove the 5/20 article. As per the 5/20 rule, carriers have to operate for at least five years and own 20 aircraft in order to commence international business. If the government removes this barrier, the Tata-owned operator may launch Bangkok, Malaysia, Singapore and Paro Delhi flights, as these destinations are among favourite tourist spots around the country.
As far as domestic plans are considered, the carrier is planning to operate 87 flights, connecting Goa, Delhi, Chandigarh, Mumbai, Srinagar, Ahmedabad, Patna and Hyderabad. As per reports, the first maiden flight between Delhi and Mumbai will be launched on 9th of January, 2015. Industry watchers believe that this joint venture will bring some significant changes in the market, the first among them is introduction of the Premium Economy Class. In addition to this, the experience of the Tata Group in corporate world along with expertise of Singapore Airlines in the aviation industry may help this airline in quickly grasping the market share. As per reports, it has innovative pricing strategies that offer unique flying experience at economical costs.
No comments:
Post a Comment