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Singapore Airlines e Tata Sons: launch of a new airline in India

Milan, Italy - It will be based in New Delhi and the Chairman will be Prasad Menon

Singapore Airlines (SIA) and Tata Sons have signed a Memorandum of Understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new airline in India that will help further stimulate demand for air travel. Subject to FIPB and other regulatory approvals, the airline will be based in New Delhi and will operate under the full-service model. Tata Sons will own 51% and...

fra/pec - 1155280

AVIONEWS - World Aeronautical Press Agency
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