News

Vistara adds Airbus A321LR to its fleet, focuses on International expansion  Vistara airline, a joint venture of Tata Sons Private Limited and Singapore Airline Limited, has added Airbus A321LR to its fleet. The long-range variant of the Airbus A320neo (which is part of the order of 50 aircraft from the Airbus A320 Family placed in 2018) arrived in Delhi on February 4, 2023 from Airbus' production facility in Hamburg, Germany. With an increased maximum take-off weight of 97 tonnes and the third auxiliary center fuel tank, enabling the aircraft to cover...
Vistara adds Airbus A321LR to its fleet, focuses on International expansion
Vistara adds Airbus A321LR to its fleet, focuses on International expansion
Source: IANS
6/02/2023 12:31:01 PM
Aloke Singh to be chief of Air India`s Low Cost Carrier business The Air India management has appointed Air India Express CEO Aloke Singh as the chief of Air India's low-cost airline business from January 1, 2023. The Low Cost Carrier (LCC) business will consist of AirAsia India and Air India Express. Earlier, last month, Air India signed agreements to complete the acquisition of 100 per cent shareholding in AirAsia India (AAI) and to subsidiarise it under Air India. As per an internal communication, Air India CEO and Managing Director Campbell W...
Aloke Singh to be chief of Air India`s Low Cost Carrier business
Aloke Singh to be chief of Air India`s Low Cost Carrier business
Source: IANS
23/12/2022 9:43:10 AM
Air India to spend over $400 million to refurbish cabin interiors Air India would spend more than $400 million to refurbish the interiors of its entire wide-body fleet to attract more flyers after the carrier was taken over by Indian conglomerate Tata Group at the start of this year, it said on Thursday. The refurbishment will involve introduction of a premium economy cabin, it said in a statement, adding that the first aircraft with refurbished interiors will enter service in mid-2024. "Air India has committed to attain the highest standards of ...
Air India to spend over $400 million to refurbish cabin interiors
Air India to spend over $400 million to refurbish cabin interiors
Source: Reuters
8/12/2022 2:47:37 PM
Tata Group`s Air India to lease 12 more aircraft Tata group-owned carrier Air India said on Monday it will lease 12 more Airbus and Boeing aircraft, days after the Indian conglomerate announced the airline's merger with Vistara. The aircraft, expected to be inducted in the first half of 2023, are in addition to the thirty leased earlier this year as part of the airline's expansion plans. The Tata group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier th...
Tata Group`s Air India to lease 12 more aircraft
Tata Group`s Air India to lease 12 more aircraft
Source: Reuters
5/12/2022 1:02:10 PM
Key Stock News: AstraZeneca, Flipkart , SBI , Adani Group, Singapore Airlines - ARETE Securities AstraZeneca India gets regulator's approval to market anti-diabetes drug Drug firm AstraZeneca India on Tuesday said it has received approval from the country's drug regulator to market anti-diabetes medication Dapagliflozin. The company said it has received approval from the Central Drugs Standard Control Organization (CDCSCO) for the drug indicated for diabetes patients with chronic kidney disease (CKD). Flipkart to go for $700 million ESOP buyback during PhonePe funding: ...
Key Stock News: AstraZeneca, Flipkart , SBI , Adani Group, Singapore Airlines - ARETE Securities
Key Stock News: AstraZeneca, Flipkart , SBI , Adani Group, Singapore Airlines - ARETE Securities
Source: ARETE Securities Ltd
30/11/2022 9:50:03 AM
SIA gets 25.1% stake in an enlarged Air India group Singapore Airlines (SIA) and Tata Sons have agreed to merge Air India and Vistara, with SIA investing Rs 2,058.5 crore in Air India as part of the transaction. This would give SIA a 25.1 per cent stake in an enlarged Air India group with a significant presence in all key market segments . SIA and Tata aim to complete the merger by March 2024, subject to regulatory approvals. Following the transaction that was announced on Tuesday, Singapore Airlines Limited (SIA) will immediately acquir...
SIA gets 25.1% stake in an enlarged Air India group
SIA gets 25.1% stake in an enlarged Air India group
Source: IANS
30/11/2022 9:31:14 AM
Tata to bolster Air India with Vistara merger Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in domestic and international skies. Autos-to-steel conglomerate Tata will hold 74.9% of the combined entity, while SIA will own the remaining 25.1%, the Indian group said in a statement on Tuesday. SIA will invest $252 million into Air India as part of the deal, Tata said, with the pair aiming to com...
Tata to bolster Air India with Vistara merger
Tata to bolster Air India with Vistara merger
Source: Reuters
30/11/2022 9:09:51 AM
Singapore Airlines to secure Air India stake under deal with Tata Singapore Airlines Ltd (SIA) said on Tuesday it would emerge as a 25.1% owner of Air India as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons into India's national carrier. SIA will invest $250 million into Air India as part of the transaction, the Singaporean carrier said in a statement, with the pair aiming to complete the merger by March 2024 subject to regulatory approvals.
Singapore Airlines to secure Air India stake under deal with Tata
Singapore Airlines to secure Air India stake under deal with Tata
Source: Reuters
29/11/2022 4:33:39 PM
Thomas Cook climbs on inkinng long-term agreement with KrisFlyer Thomas Cook (India) is currently trading at Rs. 76.95, up by 1.40 points or 1.85% from its previous closing of Rs. 75.55 on the BSE. The scrip opened at Rs. 75.55 and has touched a high and low of Rs. 77.70 and Rs. 75.55 respectively. So far 7149 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 91.35 on 13-Apr-2022 and a 52 week low of Rs. 54.00 on 21-Jun-2022. Last one week high and low of the scrip stood at Rs....
Thomas Cook climbs on inkinng long-term agreement with KrisFlyer
Thomas Cook climbs on inkinng long-term agreement with KrisFlyer
Source: Accord Fintech
15/11/2022 10:38:59 AM
Vistara ramps up ops, announces connectivity between Pune and Singapore Vistara airline on Friday announced the addition of a new route to its international network with four weekly flights between Pune and Singapore, starting December . The airline will operate its state-of-the-art A321neo aircraft with a three-class configuration on the route as it strengthens its existing connectivity between India and the 'Lion City'. The airline also recently announced that it will fly daily between Mumbai and Kathmandu starting November 15, enabling convenient on...
Vistara ramps up ops, announces connectivity between Pune and Singapore
Vistara ramps up ops, announces connectivity between Pune and Singapore
Source: IANS
14/10/2022 4:16:28 PM
Key Stock News: Singapore Airlines, India Inc, Mindtree, MTNL, Infosys - ARETE Securities Singapore Airlines confirms Vistara-Air India merger discussions Singapore Airlines (SIA) is engaged in confidential talks with Tata Sons for merging Vistara with Air India, the flagship carrier of the Republic of Singapore informed the stock exchange in the Southeast Asian nation on Thursday in a first acknowledgement of a possible integration of the two airlines. “In line with its multi-hub strategy, SIA is currently in confidential discussions with the Tatas to explore a potent...
Key Stock News: Singapore Airlines, India Inc, Mindtree, MTNL, Infosys - ARETE Securities
Key Stock News: Singapore Airlines, India Inc, Mindtree, MTNL, Infosys - ARETE Securities
Source: ARETE Securities Ltd
14/10/2022 9:46:45 AM
Singapore Airlines pursues Air India stake to expand market presence (Reuters) -Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger foothold in South Asia. "The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," SIA said in a statement. It said no definitive terms had been agreed on a deal that woul...
Singapore Airlines pursues Air India stake to expand market presence
Singapore Airlines pursues Air India stake to expand market presence
Source: Reuters
13/10/2022 7:37:33 PM
Singapore Airlines pursues Air India stake to expand market presence Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger foothold in South Asia. "The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," SIA said in a statement. It said no definitive terms had been agreed on a deal that would form a mo...
Singapore Airlines pursues Air India stake to expand market presence
Singapore Airlines pursues Air India stake to expand market presence
Source: Reuters
13/10/2022 4:12:49 PM
Scoot CEO Campbell Wilson appointed head of Air India Air India's new owner Tata Sons said on Thursday it would appoint Campbell Wilson, the head of Singapore Airlines' budget carrier Scoot, as its chief executive, subject to regulatory approvals. New Zealand-born Wilson, 50, will step down from his current role on June 15, Singapore Airlines said. Tata Sons completed its purchase of the previously state-owned Indian national carrier in January and has been searching for an executive to lead a major turnaround plan. Air India, w...
Scoot CEO Campbell Wilson appointed head of Air India
Scoot CEO Campbell Wilson appointed head of Air India
Source: Reuters
12/05/2022 4:09:47 PM
Singapore Airlines set to resume Airbus A380 service to India from January Singapore Airlines is set to resume the Airbus A380 Superjumbo aircraft's services to India, after a break of 20 months due to the pandemic-led restrictions. The services will start from January 10, 2022 between Mumbai and Singapore. The A380 will replace the Airbus A350-900 on the 'SQ 424/423 VTL' services on this route. Besides, the airline will operate the A380 in place of the Boeing 787-10 on the 'SQ 406/403 VTL' services between Delhi and Singapore starting F...
Singapore Airlines set to resume Airbus A380 service to India from January
Singapore Airlines set to resume Airbus A380 service to India from January
Source: IANS
18/12/2021 9:22:18 AM
Singapore Airlines to resume India flight services from Nov 29 The Singapore Airlines (SIA) Group said on Tuesday that it will restart passenger services across its India network from November 29. The services mark the resumption of operations from India for the first time since March 2020. "Singapore Airlines will launch daily Vaccinated Travel Lane (VTL) services from Chennai, Delhi and Mumbai on November 29, subject to regulatory approvals, providing eligible customers with quarantine-free entry into Singapore," the airline said in a s...
Singapore Airlines to resume India flight services from Nov 29
Singapore Airlines to resume India flight services from Nov 29
Source: IANS
24/11/2021 9:14:56 AM
Singapore Airlines raises $1.5 billion from airplane sale-and-leaseback deals Singapore Airlines Ltd said on Monday it had raised about S$2 billion ($1.50 billion) through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel. The airline said it would continue to explore other ways to raise liquidity after reaching deals with four parties over seven Airbus SE A350-900s and four Boeing Co 787-10s. Rivals such as Cathay Pacific Airways Ltd and Qantas Airways Ltd have done similar deals dur...
Singapore Airlines raises $1.5 billion from airplane sale-and-leaseback deals
Singapore Airlines raises $1.5 billion from airplane sale-and-leaseback deals
Source: Reuters
3/05/2021 9:11:25 AM
Singapore Airlines to pilot IATA's 'Travel Pass' mobile app trials Singapore Airlines will become the world's first airline to pilot the International Air Transport Association's 'Travel Pass' mobile application trials for digital health verification. This is the second phase of trials. SIA had trialled the first phase of its digital health verification process based on IATA's Travel Pass framework, in December 2020. Accordingly, the digital health verification process trials will start with passengers travelling from Singapore to L...
Singapore Airlines to pilot IATA's 'Travel Pass' mobile app trials
Singapore Airlines to pilot IATA's 'Travel Pass' mobile app trials
Source: IANS
9/03/2021 9:36:05 AM
Singapore Airlines begins flights with fully vaccinated crew  SINGAPORE - Singapore Airlines (SIA) began operating flights on Thursday with full sets of crew members vaccinated against COVID-19 as the city-state seeks to rejuvenate its status as an international travel hub. The airline said pilots and cabin crew on three international flights from Singapore had received both of the required doses of the Pfizer-BioNTech vaccine. The Singapore government has urged workers at the national airline to sign up for its inoculation program in a...
Singapore Airlines begins flights with fully vaccinated crew
Singapore Airlines begins flights with fully vaccinated crew
Source: Reuters
11/02/2021 11:05:47 AM