Venture with Tata Group competitive collaboration: SIA

Tags: SIA, Tata group, News
Singapore Airlines (SIA), which is in the process of launching a full service carrier

RELATED ARTICLES

in a 49:51 joint venture with Tata Group, has said its partnership with the latter is a competitive collaboration.

"I think there is some compatibility obviously in the relationship... There is competitive collaboration and adversarial competition," SIA senior vice president for product services Tan Pee Teck said during a recent interaction.

He was responding to a question as to what kind of synergy does the SIA look at its JV partner Tatas which has also invested in no-frill carrier AirAsia India.

Noting that Tatas have seen an opportunity in new areas of business by collaborating with SIA, Teck said, "I think you probably know who our adversaries are in the aviation world. Every one is looking for growth in their businesses."

It may be noted here that domestic airlines body Federation of Indian Airlines (FIA) has bitterly opposed the entry of the new carrier and has moved the Delhi High Court, seeking quashing of approvals being granted to commence its air transport operation.

Teck said Tatas have their own business plans as far as the domestic operations of the proposed airline is concerned and at this stage the SIA on its part was "extending its expertise" to the venture.

The Tata-SIA Airline has submitted its application for the grant of Air Operator's Permit (AOP or flying licence) in April to aviation regulator DGCA. The AOP would enable it to provide scheduled air transport services in the country.

After receiving the application, the DGCA had last month issued a public notice seeking objections, if any, to the grant of flying permit to Tata-SIA.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Banks must learn from past mistakes to promote financial inclusion

    Prime minister Narendra Modi launched a massive financial inclusion programme yesterday titled “pradhan mantri jan dhan yojana’ (PMJDY), that will

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

West Asia turmoil worries east Asia

From Beijing to Jakarta, from Manila to Tokyo, east Asian ...

Parvez Imam

Sowing the seeds of love for hatred

No wonder we have a whole lot of talking going ...

Dharmendra Khandal

Time to protect our endangered wildlife species

After 65 million years of existence, the earth’s biodiversity is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture