Wednesday, 11 July 2018

Vistara orders 50 Airbus Neos, 6 Dreamliners in pursuit of profitability

Vistara airlines

In a major expansion bid, Tata Sons and Singapore Airlines’ joint venture, Vistara, has placed an order for 50 Airbus A320neos and A321neos, and six Boeing 787-9 Dreamliners. This is the first major order by the airline since starting operations in 2015.

While the airline has signed an agreement with French manufacturer Airbus for 13 A320neos, it will lease 37 aircraft. Additionally, the airline has kept the option to order four more Dreamliners from Boeing open.

Chief Executive Officer Leslie Thng said he was convinced that the order would provide a fillip for profitable operations as it would enable the airline to make its network denser and operate on more profitable international routes. “We will use the A320 and A321 to boost our domestic network as well as to launch international destinations from our hub in Delhi. Simultaneously, the Dreamliners would be used to start destinations on the medium- and long-haul international routes,” Thng said in an interview.

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