Nineteen passenger aircraft above 26,000 flight cycles and four freighters having above 36,000 cycles of SpiceJet will be affected by the order
Under the agreement, Airbus will offer its expertise in the areas of maintenance, engineering and supply chain management
Under the proposed dynamic system, a seat will always be available for member-passengers in exchange for points and it will also allow members to earn and use points to book seats
Vistara will deploy 50% of its capacity on international routes in the next five years
The international services to Singapore will be operated by a Boeing 737-800NG aircraft with a two-class cabin configuration -- business and economy
The agreement will allow United Airlines to book seats for its passengers on Vistara flights
A joint venture between Tatas and Singapore Airlines, Vistara might also look at starting medium and long-haul flights, depending on approvals, amid the grounding of Jet Airways.
Vistara promoters, Tata Sons and Singapore Airlines, have pumped Rs 4,000 crore into the airline in the last one year, according to a Livemint report
Jet's grounding has opened up growth opportunities for rival airlines, which have access to slots, planes, pilots and trained manpower from it
Vistara had planned to launch its maiden international flight to Colombo in May
"Kannan from within the Singapore Airlines group will be joining Vistara next month as chief strategy officer, while Kapoor will remain chief commercial officer," the spokesperson said
Vistara has been allotted the same slots in which Jet operated its flights before terminating the services last month due to financial crisis
The Tata-SIA joint venture is entering the international market at an opportune time but could run into the headwinds of bilateral air service agreements
The approval was hauled up due to a CBI investigation into international flying permit of Tata group owned Air Asia India
Vistara expects to receive 12 jets in the 2020 financial year starting April 1, including its first two Boeing Co 787 widebodies
The domestic tickets on both the airlines would be available for as low as Rs 899. IndiGo said that the tickets on its international routes would be available for as low as Rs 3,399
Competition pressure and pricing remain a concern. Vistara has been able to increase fares and yields over last year
This is the first time an interministerial committee has been formed for granting permit to an airline
Vistara says its strategy is starting to bear some fruit
Promoters, Tatas and Singapore Airlines, make largest infusion to date