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Sunday 28 April 2019

Vistara to add six Boeing 737 aircraft from Jet Airways


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The Boeing aircraft will mark a change as Vistara till now had only Airbus planes
Vistara is set to add six Boeing 737 aircraft, which earlier belonged to Jet Airways, to its fleet, making its first move to fill the space vacated by the distressed airline.
This is apart from a recruitment drive for cabin crew that Vistara is holding this week, which will attract applications from Jet Airways' employees who haven't received their salaries since March.
The Boeing aircraft will be new for Vistara, which has till now preferred to have Airbus narrow bodies. At present, it has a fleet of 22 Airbus 320 planes.
"Vistara will undertake a short differences training for pilots, crew and engineers to comply with Vistara’s standards and will be in operation soon," said a senior industry executive.
Commenting on the same, the Tata Sons-Singapore Airlines joint venture airline said: “The recent reduction in capacity has inconvenienced travellers, especially in the full-service segment. We will continue to grow our network to meet market demand."
Till now, IndiGo and SpiceJet have been aggressive in expanding their network and adding capacity after Jet Airways suspended operations earlier this month. While both low-cost airlines have added over 100 flights in three months, SpiceJet has added 27 aircraft, all from Jet Airways, to its fleet.
Vistara also added 14 new flights in April, mostly from Mumbai, to meet the peak summer demand. It will also vie for airport slots that belonged to Jet Airways and are now being given away by the government, which wants to make sure there are enough flights to keep fares in check.
The airline is also adding to its headcount and has scheduled walk-in interviews to hire cabin crews this week in Mumbai.
This will help Jet Airways' employees, who stare at an uncertain future. Their hope is now in the bidding process, where four suitors are expected to submit bids by May 10.
The employees though fear about their jobs, salaries and the benefits like gratuity and provident fund that have been saved over the years.
The employees will now have more options, with Vistara too looking to add to its fleet, increase flights and up its market share. "The competition will now increase" said the industry executive quoted above.

Source:  https://www. moneycontrol.com/news/business/companies/vistara-to-add-six-boeing-737-aircraft-from-jet-airways-3906161.html


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