Tata group’s Vistara airline has leased six aircraft for immediate addition to its fleet in order to fill the gap left in the aviation market after the grounding of rival Jet Airways, even as a much larger capacity expansion awaits. Tata-Singapore Airlines joint venture Vistara will fly in four Boeing 737-800 NG this month itself and two Airbus A320 neo aircraft later this year, and will deploy them “to meet the sudden drop in the capacity in the market”, it said in a statement, without naming Jet Airways. Earlier, the sudden grounding of Naresh Goyal founded airline had resulted in a severe flight crunch in the Indian aviation market.
Vistara will lease these six aircraft from global leasing firm BOC Aviation. The airline already has an ongoing order for purchase and lease of 50 Airbus A320 neo and A321 neo aircraft, which will be delivered up to the year 2023. Meanwhile, with the new aircraft announced today Vistara looks to accelerate growth in the domestic market. Vistara’s new additions, Boeing 737-800 NG and Airbus A320neo powered by CFM LEAP 1A engines, will cater to the market, which is still reeling under the stress caused by Jet Airways grounding.
