SIA confident venture with Tata will take off

WHILE mindful of the challenging operating environment in India's aviation industry, Singapore Airlines (SIA) is confident that its planned joint venture with Tata Sons for a New Delhi-based airline will take off.

"By no means do we think this is going to be a walk in the park," said chief executive officer Goh Choon Phong at a results briefing yesterday morning, noting that India's domestic aviation sector is a challenging and competitive one.

"If we do not have the confidence to make it work, we wouldn't have been in there," he later added.