The Directorate General of Civil Aviation (DGCA) has granted the air operator permit (AOP) to the Vistara Airlines, a joint venture of Singapore Airlines and TATA sons.
The new full-service carrier would “shortly” announce its flight schedules and open ticket bookings. Vistara currently has two leased Airbus A-320s in its fleet and plans to induct three more by March next year.
The new Delhi-based airline plans to connect Mumbai, Bangalore, Hyderabad, Goa, Chandigarh, Srinagar, Jammu and Patna in the first year of its operations.
The airline, in which Tata Sons holds 51 per cent stake and Singapore Airlines remaining 49 per cent, plans to operate 87 flights in the first year, with five A320s and then scale it up to 301 flights by the fourth year. Once it takes off, Vistara will be the third full service carrier after state-run Air India and Jet Airways.