Vistara plans to add 8 routes and 14 aircraft in FY23

Vistara plans to expand its routes as international operations open up, according to a top official. International markets account for 25% of Vistara’s profits. In the coming fiscal year, the Tata SIA-owned airline plans to add at least 7-8 new routes. By the end of FY23, it plans to add 13-14 aircraft to its fleet.

Vinod Kannan, who recently took over as CEO of Vistara, told BusinessLine that the airline will now focus on expanding to international markets “in a big way.” “Today, our international market accounts for 25% of our revenue. As a result, everything points in the right direction,” he said.

Currently, it operates flights to at least 9 international destinations and 30 domestic destinations. He said it plans to connect at least 7 to 8 destinations across international and domestic markets. 

Vistara plans to add 8 routes and 14 aircraft in FY23. (Image Courtesy – Live from a Lounge)

During the pandemic, Vistara had operated to multiple destinations including Doha, Male, Sharjah, London, Frankfurt, Bangkok and Paris under air bubbles. Of these, it had flying rights to London, Frankfurt, Bangkok and Paris.

“The priority would be to ramp up daily to these destinations. We will be looking at new routes in Europe. We have also been talking about the US which is on the cards,” he said.

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Air bubbles are temporary arrangements between two countries aimed at restarting commercial passenger services when regular international flights are suspended as a result of Covid-19. The airline has applied for flying rights to Doha, Male and Sharjah. 

The airline has applied for flying rights to Doha, Male and Sharjah. (Image Courtesy – AirlineGeeks.com)

When asked the rationale behind adding these routes, he explained that though it wasn’t a completely open market where commercial flights were operating and capacity was restrained, the airline couldn’t gauge the complete potential or have a clear picture.

However, “since we have been there, established ourselves, and shown our product, we’ve asked for traffic rights to these points, and we’re waiting to see what happens.”

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While the industry is opening up, the rising fuel cost, US dollar rates and the indirect impact of the Russia-Ukraine war could be a dampener, he said.

To ramp up international operations, Vistara plans to add 13-14 aircraft by the end of FY23
(Image Courtesy – Victor Tango Aviation)

To ramp up international operations, the airline plans to add 13-14 aircraft by the end of FY23, Kannan said. The airline recently added four aircraft, taking its fleet size to 50. 

Speaking about the domestic market, Kannan said the airline has established itself well in the domestic market. and he does see a scope to increase the frequency of flights. 

According to the Directorate General of Civil Aviation numbers, Vistara’s domestic market share in February was up at a record 9.7%. 

(With Inputs from Hindu BusinessLine)

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