Vistara to not order new planes ahead of Air India merger, eyes international growth

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Vistara will not place new plane orders while it awaits regulatory approval to merge with Air India but that will not stop the airline from adding more international routes to boost profits, its chief executive said on Tuesday.

expected

Vistara, which started operations in 2015, recorded its first operational profit in the December quarter helped by strong travel demand and higher fares, despite surging fuel costs and a weak rupee versus the dollar."International expansion will be a focus going forward. It plays a strong role in the performance of our bottom line," he said, adding the airline was constrained in some markets like Dubai and Singapore due to unavailability of landing slots.

 

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