Vistara to Expand Fleet

Tata-Singapore Airlines joint venture Vistara Airlines, has leased four Boeing 737-800 NG aircraft from the erstwhile Jet Airways fleet. These aircraft joined Vistara in the first week of June this year. Vistara flies 850 flights per week, to 24 destinations, with a fleet of 22 Airbus A320ceo and A320neo aircraft. The airline has announced that they will lease two Airbus A320neo during the second half of 2019. These airliners will be powered by CFM LEAP-1A engines. It is likely that these aircraft are from the erstwhile order book of Iceland’s Wow Air which recently suspended operations. The Ministry of Civil Aviation has advised Indian carriers to enhance their fleet of airliners in order to utilise airport slots vacated by Jet Airways. Vistara has also recruited about 500 former employees of Jet Airways to augment their manpower. All the aircraft are being leased from BOC Aviation, the largest aircraft leasing company headquartered in Asia. Vistara’s existing fleet is leased from BOC and much of its future orders of 50 A320neos are also on lease basis with BOC. BOC Aviation was founded in 1993, as Singapore Aircraft Leasing Enterprise Pvt Ltd.