DGCA has issued air operators permit (AOP) for Vistara. DGCA officials say AOP paves the way for full service airline to start operations in India. Vistara, which is a 51:49 joint venture between Tata Sons and Singapore Airlines, may start operations early next month.
While Spicejet is facing turblent times, Vistara, Tata's joint venture with Singapore Airlines, is getting ready to take-off. CNBC-TV18 learns that today the airline will receive the flying permit from aviation regulator DGCA.
DGCA has issued air operators permit (AOP) for Vistara. DGCA officials say AOP paves the way for full service airline to start operations in India. Vistara, which is a 51:49 joint venture between Tata Sons and Singapore Airlines, may start operations early next month.
Vistara plans to announce start of sales, routes and schedules soon.
SpiceJet stock price
On December 10, 2014, SpiceJet closed at Rs 13.55, down Rs 1.15, or 7.82 percent. The 52-week high of the share was Rs 22.20 and the 52-week low was Rs 11.10.
The latest book value of the company is Rs -16.49 per share. At current value, the price-to-book value of the company was -0.82.
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