Topzle Topzle

Vistara

Updated: Wikipedia source

Vistara

Tata SIA Airlines Limited, doing business as Vistara, was a full-service Indian airline based in Gurgaon, with its hub at Indira Gandhi International Airport. A joint venture between Tata Sons (51 percent) and Singapore Airlines (49 percent), the carrier began operations on 9 January 2015 with its inaugural flight between Delhi and Mumbai. As of September 2024, it held a 10 percent share of the domestic airline market, making it the third largest domestic carrier behind IndiGo and Air India. The airline served 50 destinations using a fleet that included the Airbus A320neo, Airbus A321neo and Boeing 787-9 aircraft. Vistara ceased operations on 12 November 2024 following its merger with the national flag carrier, Air India.

Infobox

IATA
IATA ICAO Call sign UK VTI VISTARA
Founded
2013 (2013)
Commenced operations
9 January 2015 (2015-01-09)
Ceased operations
12 November 2024 (2024-11-12)(merged with Air India)
Hubs
Indira Gandhi International Airport
Frequent-flyer program
Club Vistara
Fleet size
70
Destinations
50
Parent company
Tata Sons (51%)
Headquarters
Gurgaon, Haryana, India
Key people
mw- Bhaskar Bhat (Chairman)Vinod Kannan (CEO)
Revenue
₹15,191 crore (US$1.8 billion) (2024)
Profit
₹−581 crore (US$−69 million) (2024)
Employees
5500 (Sept 2023)
Website
www.airvistara.com

Tables

Financial highlights[62] · Corporate affairs › Business figures
Total non-current liabilities
Total non-current liabilities
Financial year (FY)
Total non-current liabilities
FY16
₹173.4 crore INR
FY20
₹6809.02 crore INR
Total current liabilities
Total current liabilities
Financial year (FY)
Total current liabilities
FY16
₹206.99 crore INR
FY20
₹2261.59 crore INR
Total liabilities
Total liabilities
Financial year (FY)
Total liabilities
FY16
₹380.4 crore INR
FY20
₹9070.62 crore INR
Revenue from operations
Revenue from operations
Financial year (FY)
Revenue from operations
FY16
₹691.37 crore INR
FY20
₹4738.45 crore INR
Total expenses
Total expenses
Financial year (FY)
Total expenses
FY16
₹1115.46 crore INR
FY20
₹6664.45 crore INR
Total profit
Total profit
Financial year (FY)
Total profit
FY16
−₹400.9 crore INR
FY20
−₹1813.38 crore INR
Financial year (FY)
FY16
FY20
Total non-current liabilities
crore INR
crore INR
Total current liabilities
crore INR
crore INR
Total liabilities
crore INR
crore INR
Revenue from operations
crore INR
crore INR
Total expenses
crore INR
crore INR
Total profit
crore INR
crore INR
Vistara fleet · Fleet
J
J
Aircraft
J
Number
S
Passengers
Y
Passengers
Total
Airbus A320neo
Airbus A320neo
Aircraft
Airbus A320neo
Number
43
Passengers
8
Passengers
24
Passengers
132
Passengers
164
Notes
All transferred to Air India
10
10
Aircraft
10
Number
—
Passengers
—
Passengers
180
Passengers
180
Airbus A321LR
Airbus A321LR
Aircraft
Airbus A321LR
Number
4
Passengers
12
Passengers
24
Passengers
152
Passengers
188
Airbus A321neo
Airbus A321neo
Aircraft
Airbus A321neo
Number
6
Passengers
12
Passengers
24
Passengers
152
Passengers
188
Boeing 787-9
Boeing 787-9
Aircraft
Boeing 787-9
Number
6
Passengers
30
Passengers
21
Passengers
248
Passengers
299
1
1
Aircraft
1
Number
36
Passengers
226
Passengers
292
Total
Total
Aircraft
Total
Number
70
Aircraft
Number
Passengers
Refs
Notes
J
S
Y
Total
Airbus A320neo
43
8
24
132
164
All transferred to Air India
10
—
—
180
180
Airbus A321LR
4
12
24
152
188
Airbus A321neo
6
12
24
152
188
Boeing 787-9
6
30
21
248
299
1
36
226
292
Total
70

References

  1. ch-aviation.com
    https://www.ch-aviation.com/portal/airline/VDL
  2. "Tata Sons FY24 Annual report"
    https://www.tata.com/content/dam/tata/pdf/fy24/Tata-Sons-Annual-Report-FY24.pdf
  3. The Hindu Businessline
    https://www.thehindubusinessline.com/companies/vistara-rolls-out-staff-tests-culture-survey-ahead-of-its-merger-with-air-india/article67266609.ece/
  4. "September 2024 Domestic Traffic Reports"
    https://public-prd-dgca.s3.ap-south-1.amazonaws.com/InventoryList/dataReports/aviationDataStatistics/airTransport/domestic/airTraffic/traffic%20Data%20September%2024.pdf
  5. News18
    https://www.news18.com/news/auto/vistara-boeing-787-9-dreamliner-2541295.html
  6. "Airline Information: Air Vistara (Ch-aviation)"
    http://www.ch-aviation.com/portal/airline/VDL#al_profile_tab_info
  7. The Times of India
    http://timesofindia.indiatimes.com/business/india-business/Tata-Sons-Singapore-Airlines-Vistara-set-for-October-launch/articleshow/40063616.cms
  8. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-takes-to-the-skies-operates-first-flight-from-delhi-to-mumbai/articleshow/45823316.cms
  9. The Hindu
    https://www.thehindubusinessline.com/economy/logistics/vistara-carries-one-million-passengers/article8021439.ece
  10. Singapore Airlines
    http://www.singaporeair.com/jsp/cms/en_UK/press_release_news/ne130919.jsp
  11. Business Standard
    http://www.business-standard.com/article/companies/two-decades-in-the-departure-lounge-115010800788_1.html
  12. "Singapore Airlines-Tata joint venture proposal would be a big boost for SIA – and AirAsia?"
    http://centreforaviation.com/analysis/singapore-airlines-tata-joint-venture-proposal-would-be-a-big-boost-for-sia---and-airasia-129471
  13. The Straits Times
    https://www.straitstimes.com/breaking-news/singapore/story/sia-tata-proposal-gets-green-light-indias-foreign-investment-board-201
  14. The Straits Times
    https://www.straitstimes.com/breaking-news/singapore/story/sia-partners-tata-group-set-new-airline-india-20130919
  15. Business Standard
    http://www.business-standard.com/article/companies/with-vistara-a-tata-airline-is-reborn-115010800126_1.html
  16. The Pioneer
    http://www.dailypioneer.com/todays-newspaper/tata-forays-into-sky-with-vistara.html
  17. Tata Sons
    https://web.archive.org/web/20150113222042/http://www.tata.com/company/releasesinside/Tata-SIA-christens-its-airline-Vistara
  18. "Vistara meaning"
    http://www.spokensanskrit.de/index.php?script=HK&beginning=0+&tinput=+vistara&trans=Translate&direction=AU
  19. Business Standard
    http://www.business-standard.com/article/companies/vistara-set-to-take-off-in-jan-gets-air-operator-permit-114121500939_1.html
  20. The Economic Times
    https://web.archive.org/web/20160323070551/http://articles.economictimes.indiatimes.com/2014-12-15/news/57072156_1_vistara-phee-teik-yeoh-full-service-airline
  21. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-to-operate-out-of-mumbai-international-airports-new-t2-terminal/articleshow/45712273.cms
  22. The Economic Times
    https://web.archive.org/web/20160305143903/http://articles.economictimes.indiatimes.com/2015-08-24/news/65808454_1_vistara-joint-venture-carrier-aviation-security-training-institute
  23. Daily News and Analysis
    http://www.dnaindia.com/money/interview-we-are-still-a-crawling-infant-wait-for-us-to-get-up-and-run-says-vistara-2116201
  24. The Hindu
    http://www.thehindu.com/business/Industry/vistaras-otp-stands-at-89-per-cent-in-1st-month-of-operation/article6933544.ece
  25. CAPA
    http://centreforaviation.com/news/vistara-reaches-500000-pax-milestone-475569
  26. Business Standard
    http://www.business-standard.com/article/news-ians/india-s-domestic-passenger-demand-up-25-percent-iata-116040700595_1.html
  27. International Business Times
    http://www.ibtimes.co.in/vistara-looking-strategic-partnerships-expand-business-683235
  28. @businessline
    https://www.thehindubusinessline.com/economy/logistics/vistara-joins-global-airlines-body-iata-ahead-of-international-operations/article23710253.ece
  29. CNA
    https://web.archive.org/web/20190712133658/https://www.channelnewsasia.com/news/business/vistara-new-singapore-india-flight-date-delhi-mumbai-11711134
  30. The Economic Times
    https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-to-launch-international-operations-to-singapore-from-august/articleshow/70163712.cms
  31. Moneycontrol.com
    https://www.moneycontrol.com/news/business/companies/vistara-makes-international-debut-on-an-aircraft-used-by-jet-airways-4300881.html
  32. India Today
    https://www.indiatoday.in/business/story/vistara-delivery-india-first-dreamliner-plane-lie-flat-business-class-seats-1650728-2020-02-28
  33. Business Standard India
    https://www.business-standard.com/article/companies/vistara-runs-its-first-dreamliner-commercial-flight-from-delhi-to-kolkata-120052800667_1.html
  34. The Times of India
    https://timesofindia.indiatimes.com/business/india-business/a-tata-group-airline-vistara-lands-in-london-after-almost-7-decades/articleshow/77801359.cms
  35. The Indian Express
    https://indianexpress.com/article/business/aviation/vistara-could-merge-with-air-india-decision-likely-by-end-of-2023-7919104/
  36. The Times of India
    https://timesofindia.indiatimes.com/business/india-business/competition-commission-of-india-approves-air-india-vistara-merger-subject-to-certain-conditions/articleshow/103289597.cms
  37. The Times of India
    https://timesofindia.indiatimes.com/business/india-business/merger-into-air-india-likely-by-mid-2025-vistara-ceo-kannan/articleshow/106632553.cms
  38. The Times of India
    https://timesofindia.indiatimes.com/business/india-business/vistara-operates-the-first-indian-commercial-airline-flight-with-blended-sustainable-fuel/articleshow/99992345.cms
  39. Deccan Herald
    https://www.deccanherald.com/business/companies/vistara-expects-all-legal-approvals-for-its-merger-with-air-india-in-first-half-of-2024-2839574
  40. Reuters
    https://www.reuters.com/world/india/india-company-tribunal-clears-air-india-vistara-merger-2024-06-07/
  41. PYOK
    https://www.paddleyourownkanoo.com/2024/06/10/air-india-and-vistara-one-step-closer-to-merging-after-getting-green-light-from-regulators/
  42. "Vistara to merge with Air India from November 12"
    https://www.thehindu.com/business/Industry/vistara-to-merge-with-air-india-from-november-12/article68584422.ece
  43. The Financial Express
    https://www.financialexpress.com/business/airlines-aviation-air-india-vistara-merger-takes-off-fleets-of-both-airlines-to-formally-combine-today-all-you-need-to-know-3662432/
  44. site2corp.com
    https://web.archive.org/web/20161001162751/http://site2corp.com/in/phee-teik-yeoh-2/companies
  45. Hindustan Times
    https://web.archive.org/web/20150104203613/http://www.hindustantimes.com/business-news/ready-to-fly-vistara-poaches-key-men-from-indigo-jetlite/article1-1261191.aspx
  46. Financial Express
    https://web.archive.org/web/20150415065335/http://www.financialexpress.com/article/industry/companies/few-takers-for-office-space-in-metro-cities/46642/
  47. Business Today
    http://businesstoday.intoday.in/story/vistara-chases-small-aviation-market-with-big-ambitions/1/217140.html
  48. The Hindu
    http://www.thehindu.com/business/Industry/vistara-spreads-wings-to-add-goa-hyderabad-flights-by-march/article6815635.ece
  49. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/people-first-vistaras-top-executives-spending-time-with-employees-on-the-ground-tackling-issues/articleshow/48565166.cms
  50. Business Standard
    http://www.business-standard.com/article/companies/tata-sia-infuse-rs-500-crore-in-vistara-115090600209_1.html
  51. Ch-aviation
    http://www.ch-aviation.com/portal/news/40091-tata-group-singapore-airlines-boost-vistaras-coffers
  52. Titan
    https://web.archive.org/web/20161117110607/http://www.titan.co.in/control/Corporate/Board-of-Directors
  53. Mint
    http://www.livemint.com/Companies/ZRdG7GYaYyW1cSd0uYRvjO/Bhaskar-Bhat-named-Vistara-chairman.html
  54. Business Standard
    http://www.business-standard.com/article/companies/bhaskar-bhat-joins-vistara-as-chairman-116011400857_1.html
  55. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/former-spicejet-coo-sanjiv-kapoor-joins-vistara-as-commercial-and-strategy-chief/articleshow/51205907.cms
  56. tata.com
    https://web.archive.org/web/20180201193009/http://www.tata.com/company/releasesinside/leslie-thng-vistara-chief-executive-officer
  57. The Economic Times
    https://economictimes.indiatimes.com/news/company/corporate-trends/vistara-ceo-phee-teik-yeoh-likely-to-join-sia/articleshow/61060156.cms
  58. Marketing Interactive
    http://www.marketing-interactive.com/top-level-shuffles-in-the-sia-group/
  59. centreforaviation.com
    https://centreforaviation.com/news/silkair-names-new-ceo-168199
  60. The Economic Times
    https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/sanjiv-kapoor-resigns-as-vistara-chief-commercial-officer/articleshow/72748871.cms?from=mdr
  61. "Contact Us"
    https://www.airvistara.com/in/en/contact-us
  62. "Vistara's losses have zoomed over the last 5 years"
    https://www.thehindubusinessline.com/companies/vistaras-losses-have-zoomed-over-the-last-5-years/article33456418.ece
  63. www.airvistara.com
    https://www.airvistara.com/in/en/plantravel/destinations
  64. www.airvistara.com
    https://www.airvistara.com/trip/company-info
  65. "Codeshare Partners | Vistara"
    https://www.airvistara.com/gb/en/partner-airlines/codeshare-partners
  66. "Air Canada / Vistara Begins Codeshare Partnership mid-June 2022"
    https://aeroroutes.com/eng/220629-acukcodeshare
  67. "Air India begins Vistara codeshare from mid-July 2024"
    https://www.aeroroutes.com/eng/240723-aiukcodeshare
  68. "British Airways to codeshare with Indian domestic carrier Vistara"
    https://web.archive.org/web/20180914161536/http://atwonline.com/airlines/british-airways-codeshare-indian-domestic-carrier-vistara
  69. The Times of India
    https://timesofindia.indiatimes.com/business/india-business/vistara-signs-codeshare-agreement-with-lufthansa/articleshow/72438123.cms
  70. www.singaporeair.com
    https://www.singaporeair.com/en_UK/us/media-centre/press-release/article/?q=en_UK%2F2017%2FJanuary-March%2Fjr0617-170314
  71. Aeroroutes
    https://www.aeroroutes.com/eng/220912-lxukcodeshare
  72. United Hub
    https://hub.united.com/2019-06-18-united-airlines-and-vistara-establish-codeshare-agreement-2638904487.html
  73. "Vistara Interline Patners"
    https://airvistara.com/trip/interline-partners
  74. Vistara
    https://www.airvistara.com/in/en/partner-airlines/interline-partners/american-airlines
  75. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/british-airways-may-expand-its-interline-agreement-with-vistara/articleshow/49541297.cms
  76. "ITA Airways launches New Delhi - Rome direct flight"
    https://travel.economictimes.indiatimes.com/news/aviation/international/ita-airways-launches-new-delhi-rome-direct-flight/96000323?redirect=1
  77. "Qatar Airways' New Interline Partnership Takes Off With Vistara"
    https://www.qatarairways.com/en/press-releases/2017/Aug/qatar-airways_-new-interline-partnership-takes-off-with-vistara.html#
  78. Live Mint
    http://www.livemint.com/Companies/VrpAhLBg97M3RffJN9pm2M/Vistara-signs-interline-agreement-with-Singapore-Air-Silk.html
  79. Vistara
    https://www.airvistara.com/in/en/vistara-experience/on-board/seat-map
  80. www.business-standard.com
    https://www.business-standard.com/industry/news/vistara-inducts-50th-airbus-a320-neo-plane-in-its-fleet-of-66-aircraft-123121501249_1.html
  81. ch-aviation
    https://www.ch-aviation.com/portal/news/124196-indias-vistara-takes-first-a321neolr
  82. "Vistara becomes the first airline in India to add Airbus A321LR to its fleet"
    https://travel.economictimes.indiatimes.com/news/aviation/domestic/vistara-becomes-the-first-airline-in-india-to-add-airbus-a321lr-to-its-fleet/97637586
  83. BusinessLine
    https://www.thehindubusinessline.com/companies/vistara-rolls-out-staff-tests-culture-survey-ahead-of-its-merger-with-air-india/article67266609.ece
  84. Business Standard
    http://www.business-standard.com/article/pti-stories/vistara-takes-delivery-of-first-airbus-a-320-aircraft-in-delhi-114092500958_1.html
  85. The Indian Express
    http://indianexpress.com/article/business/aviation/vistara-airlines-completes-induction-of-airbus-a320-planes-3074848/
  86. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-plans-to-add-international-routes-expand-fleet/articleshow/46756305.cms
  87. Financial Express
    https://web.archive.org/web/20150924013000/http://www.financialexpress.com/article/companies/20-aircraft-target-by-2018-is-just-the-tip-of-the-iceberg-phee-teik-yeoh-vistara-ceo/75021/
  88. @airvistara
    https://twitter.com/airvistara/status/1134447502919372801
  89. Live from a Lounge
    https://livefromalounge.com/vistara-737-exits/
  90. The Financial Express
    https://www.financialexpress.com/industry/covid-19-crisis-vistara-in-talks-with-boeing-to-defer-deliveries-of-787-900-dreamliner-planes/1994955/
  91. The Economic Times
    https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-takes-delivery-of-7th-wide-body-boeing-aircraft/articleshow/108859203.cms
  92. www.airvistara.com
    https://www.airvistara.com/in/en/vistara-dreamliner-launch
  93. www.airvistara.com
    https://www.airvistara.com/in/en/vistara-experience/on-board/seat-map/boeing-787-9-dreamliner
  94. The Economic Times
    http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/vistara-reduces-seats-in-premium-class-cabins/articleshow/51189795.cms
  95. Bangalore Aviation
    http://www.bangaloreaviation.com/2015/03/inflight-review-vistara-business-class-airbus-a320-hyderabad-new-delhi.html
  96. Business Standard
    http://www.business-standard.com/article/companies/vistara-takes-the-premium-economy-way-114122300979_1.html
  97. "Revealed: Details Of Vistara's New 787-9"
    https://livefromalounge.com/vistara-boeing-787-9-induction/
  98. One Mile at a Time
    https://onemileatatime.com/vistara-787/
  99. "Bluebox Wow to Fly Indian Skies with Vistara | Bluebox"
    https://blueboxaviation.com/bbwow-vistara/
  100. Mint
    https://www.livemint.com/
  101. The Hindu
    https://www.thehindubusinessline.com/industry-and-economy/logistics/food-in-high-places/article6827221.ece
  102. Network Thought
    http://networkthoughts.in/vistaras-chefs-table-with-chef-arun-batra-giam-ming-toh-part-i/
  103. "Vistara:Inflight Dining"
    https://www.airvistara.com/trip/vistara-experience#inflight-dining-experience
  104. The Hindu
    http://www.thehindu.com/features/metroplus/flying-and-feasting/article7569653.ece
  105. Business Standard
    http://www.business-standard.com/article/news-ians/vistara-unveils-signature-lounge-at-igi-airport-116032901204_1.html
  106. LiveFromALounge
    https://livefromalounge.com/vistara-lounge-delhi-airport-closed/
  107. "Club Vistara"
    https://www.airvistara.com/trip/club-vistara
  108. Financial Express
    https://web.archive.org/web/20150309010016/http://www.financialexpress.com/article/industry/companies/full-service-airlines-go-full-tilt-at-loyalty-programmes/50957/
  109. Daily News and Analysis
    http://www.dnaindia.com/money/report-vistara-launches-loyalty-scheme-with-singapor-airline-s-krisflyer-programme-2056571
Image
Source: —
Tip: Wheel or +/− to zoom, drag to pan, Esc to close.