The newly-launched airline has plans of some destinations overseas that it can operate using the existing fleet of aircrafts which is the Airbus A320.
In an exclusive chat with CNBC-TV18's Sindhu Bhattacharya, Phee Teik Yeoh, CEO, Vistara expressed hope that the government would soon do away with the '5:20 rule', which mandates a carrier to be five-year-old and have at least 20 aircraft in its fleet before being allowed to serve international market.
"We are hopeful that the 5:20 rule will go away. In fact I think the writing is on the wall. As and when the 5:20 rule goes away we will re-look at our operations."
The newly-launched airline has plans of some destinations overseas that it can operate using the existing fleet of aircrafts which is the Airbus A320.
Vistara will afford to 5 hours flying range but if there are other destinations that it intends to go that requires a longer range than what its aircraft can support, it would have to go out in the market to procure aircraft, whether it purchases or goes for lease and that will take time, adds Yeoh.
"While there is great optimism that 5:20 is going away. Right now our fleet plan, our operations, our structure is all geared up towards operating the domestic operations. Right from the start we know that there is existing 5:20 rule in the market and until that goes away we are confined to operating in domestic," Yeoh concluded.
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