Tata SIA aims October start
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Tata SIA Airlines Ltd is expecting to start full service operations in India from October 2014.
The joint venture between Tata Sons and Singapore Airlines received its No Objection Certificate (NoC) from the Ministry of Civil Aviation last week. The airline is now expected to obtain the Air Operator Permit (AOP) or the flying license from the Directorate General of Civil Aviation (DGCA).
Tata SIA Airlines will time its entry with the start of what is traditionally the most profitable period for airlines in India. The October-December quarter, which includes festivals like Dussehra, Diwali and Christmas and the year-end vacations, is peak travel season, reported The Mint.
The grant of an airline permit by the DGCA can take more than three months and is subject to the airline having in place the required technical capabilities, staff strength, engineering set-up, and operational and security procedures.
The airline has said it will soon send its application to the DGCA for an airline license.
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