Singapore Airlines, India's Tata to establish new line
AFPSINGAPORE--Singapore Airlines and India's Tata conglomerate announced Thursday they would set up a new full-service airline based in New Delhi.
September 20, 2013, 12:21 am TWN
Singapore Airlines (SIA) and Tata Sons have signed a memorandum of understanding and applied for government approval for the new carrier, a joint statement said.
Its establishment “will help further stimulate demand for air travel,” it said, adding the plan would be subject to regulatory approvals including from India's foreign investment promotion board.