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Monday 23 June 2014

Tata-Singapore Airlines JV expects operator permit next month, ops in Sept

New Delhi: The Tata-Singapore Airlines (Tata-SIA) joint venture expects to get the air operators’ permit (AOP) next month, with the Directorate General of Civil Aviation's audit process now in its final stage, a top company official told FE. With the last leg of approvals in place, the full-service carrier will announce its brand name in early August, before starting commercial operations in September.
“Few steps are left, like the proving flight by our own pilots. We expect to get the AOP by July, and the planes (Airbus A320s) will start coming from August. In the first year of operations, we will have five aircraft, increasing it to 20 over the first four years,” the official said.
He added, “We have appointed agencies to select a brand name, which we hope to announce in early August”.

The two partners — Tata Sons has a 51% majority stake while Singapore Airlines owns the rest — have already started hiring for cabin crew, engineers and security officials. In senior management, CEO Phee Teik Yeoh, commercial head Giamming Toh and engineering head Rajinder Singh have come from SIA while CFO Niyat Baru and HR head Varadarajan Srinivasan are from Tata group companies. The joint venture has a three-member board — chairman Prasad Menon and Mukund Rajan (Tata Sons brand custodian and chief ethics officer), besides Singapore Airline’s executive VP (commercial), Mak Swee Wah.
Read news in full 20/06/14 Roudra Bhattacharya/Financial Express
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