Vistara cash flow sufficient, won’t need fund infusion for 6 months: CEO

Vistara’s cash flow is sufficient and it will not need fresh funding from promoters for another six months, said the airline’s chief executive officer Vinod Kannan on Tuesday.

Vistara, a joint venture of the Tata-Singapore Airlines, made its first net profit in the December-end quarter on the back of capacity expansion, higher fares and revenue growth. The airline launched operations in 2015.

“We can manage on our own,” Kannan said while responding to a question on funding.

Fuel price has reduced since December and the rupee has strengthened against the US dollar. Demand and yield are expected to soften, however, as January-March is traditionally a weak quarter for air travel.