SIA's India unit to take on Gulf carriers
Vistara to buy or lease more aircraft so as to fly abroad under new policy
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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