(MENAFN) India's newest airline announced flights could begin in October, saying it was optimistic about the future even as a rival carrier reported a big loss, The Peninsula Qatar reported.
The new airline, to be called Vistara, word meaning "limitless expanse", is 49 percent owned by Singapore Airlines, while the Mumbai-based Tata conglomerate controls 51 percent.
The airline will offer both business and economy class and hoped to start flying passengers sometime in October, subject to approval by India's Directorate General of Civil Aviation (DGCA).
India's air passenger market has expanded at breakneck speed but many companies are laden with debts and beset by cut-throat fare wars, high fuel costs and sloppy infrastructure.
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