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 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E-mail ID will not be published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

  • India’s relief-rescue ops in Nepal are part of Modi’s South Asia strategy

    In reacting with alacrity to the earthquake disaster in Nepal, prime minister Narendra Modi has demonstrated two things.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Will Saudi sex slavery ever end?

An intriguing news item was published in the Arab world ...

Purnendu Ghosh

Err all right, but hiding is wrong

We are human, and therefore, prone to making mistakes. We ...

Shona Adhikari

Art lovers in India are spoilt for choice

Recent art trends point towards the inclusion of a wider ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture