SIA's India unit to take on Gulf carriers
Vistara to buy or lease more aircraft so as to fly abroad under new policy
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New Delhi
WITHIN weeks of India easing aviation rules, Singapore Airlines Ltd's (SIA) local venture is charting a course to take on carriers from the Middle East. It is counting on a surge in international traffic from the world's fastest growing major air travel market.
Vistara, in which the city-state's flag carrier owns 49 per cent, is considering buying or leasing wide bodied aircraft for long-haul routes and will seek funds from its owners to finance the purchase, the company's chief executive officer Yeoh Phee Teik said in an interview on June 24.
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