, Singapore

Ready for takeoff: SIA-Tata JV to start flights in 2H

20 Airbus A320s have been leased.

According to Bloomberg, Singapore Airlines Ltd. (SIA), Southeast Asia’s biggest carrier, and the Tata Group aim to start their joint-venture airline in the second half of this year, to tap surging air travel in world’s second-most populous nation.

The new carrier has leased 20 Airbus (AIR) A320 aircraft for a tenure of 12 years, according to Sanjay Singh, a New Delhi-based spokesman for the aviation alliance. He declined to specify the cost of the planes. “We expect to be airborne in the second half of 2014. It is difficult to predict” the exact time operations will start, he said.

Read full report here.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley