New Delhi: Tata Sons is keen to put the squabble with other domestic airlines, on whether the government should do away with the 5/20 rule, behind.
“I would say let us all move on. It is a challenging market. We have some very powerful competitors let everyone give their best. I am sure that the market will reward those who are truly committed to customer interest,” Mukund Rajan, Director, Vistara Board, told newspersons soon after the airline’s exclusive lounge opened at IGI airport here.
Vistara is the brand name of a domestic airline jointly promoted by Tata Sons and Singapore Airlines.
At the end of February this year, an open fight had broken out between Ratan Tata, Chairman Emeritus, Tata Sons, and Ajay Singh, SpiceJet’s promoter, on whether the Centre should remove the 5/20 rule.
“It is sad to see incumbent airlines lobbying for protection and preferential treatment for themselves against the new airlines that have been formed in full compliance with prevailing government policy and providing air transport to Indian citizens in line with the dream of a ‘new India’ promised by the new government under (Narendra) Modi’s leadership,” Ratan Tata had said in a tweet.
To Read the News in Full 29/03/16 Business Line
“I would say let us all move on. It is a challenging market. We have some very powerful competitors let everyone give their best. I am sure that the market will reward those who are truly committed to customer interest,” Mukund Rajan, Director, Vistara Board, told newspersons soon after the airline’s exclusive lounge opened at IGI airport here.
Vistara is the brand name of a domestic airline jointly promoted by Tata Sons and Singapore Airlines.
At the end of February this year, an open fight had broken out between Ratan Tata, Chairman Emeritus, Tata Sons, and Ajay Singh, SpiceJet’s promoter, on whether the Centre should remove the 5/20 rule.
“It is sad to see incumbent airlines lobbying for protection and preferential treatment for themselves against the new airlines that have been formed in full compliance with prevailing government policy and providing air transport to Indian citizens in line with the dream of a ‘new India’ promised by the new government under (Narendra) Modi’s leadership,” Ratan Tata had said in a tweet.
To Read the News in Full 29/03/16 Business Line
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