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AirAsia probe likely to hurt Vistara's plan to start international flights: report
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AirAsia probe likely to hurt Vistara's plan to start international flights: report
Oct 22, 2018 12:04 AM

The Central Bureau of Investigation (CBI)-led probe into AirAsia India, in which Tata Sons own a 49 percent stake, may be forcing the government to withhold permission sought by Vistara to start international flights, reported LiveMint.

AirAsia India is facing a turbulent phase in the world's fastest growing aviation market.

In June, the CBI registered a case of criminal conspiracy against Fernandes, Lingam, nominee director R Venkataramanan and AirAsia India "for paying a bribe to unknown public servants of the Government of India and others" while lobbying for an amendment in the aviation policy and trying to secure a licence to start overseas flights.

This, according to the report, will adversely affect international ambitions of Vistara, which is a joint venture between Tata Sons Ltd and Singapore Airlines.

Vistara had applied in June for rights to start international flights after it took the delivery of its 20th aircraft, and was hoping to fly out from October, the report said citing two people familiar with the matter.

The delay in getting permission could hurt the international flight plans of the carrier, which is planning to fly to destinations like Sri Lanka, Maldives, Thailand and other neighboring countries, as rivals could grab some of these routes, the report said.

Disclosure:

Vistara is one among the four launch partners of CNBCTV18.COM

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First Published:Oct 22, 2018 9:04 AM IST

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