Start-up carrier Tata-SIA Airlines, which is yet to get a flying permit, will acquire at least 20 Airbus aircraft on lease from a Singapore-based firm to launch its operations in India by this winter.
“Tata-SIA has placed orders for leasing of 20 Airbus A-320s from us,” Claire Leow, Head of Investor Relations of BOC Aviation Private Limited, told PTI on the sidelines of the ongoing IATA annual general meeting here.
She said the deliveries of these aircraft were likely to start from the third quarter of this year ‘around September-October’. BOC Aviation has already leased several aircraft to two Indian airlines — Jet Airways and SpiceJet.
Full-service airline Tata-SIA, a 51:49 joint venture of Tata Sons and Singapore Airlines, submitted its application for the grant of Air Operator’s Permit (AOP or flying license) in April. The AOP would enable it to provide scheduled air transport services in the country.
The airline proposes to start operations by September, and plans to operate from Delhi as its hub to Mumbai, Goa, Patna, Chandigarh, Srinagar, Hyderabad and Bengaluru in its first year of operations.