Vistara is in initial discussions with Air India about parts procurement synergies and may look at training synergies in the future, according to its CEO.
According to a source familiar with the matter, the airline also expects to lease 4-5 Boeing Dreamliner jets because supplies from the American plane builder are taking longer than planned.
"Procurement is certainly one of the areas we're discussing," Vinod Kannan said, adding that they'll continue to be contenders on the customer and operations sides.
Vistara is a joint venture between the Tata group and Singapore Airlines. Last year, the aviation-to-automobile company purchased Air India after the government placed it up for sale.
Kannan didn't go into detail about how the synergies would work, but he did say cost savings would be at the top of the list.
Vistara now conducts 250 flights to 41 locations with a fleet of 53 aircraft.
“The airline was supposed to get its third Dreamliner in October and a few more in the next six months. But Vistara will lease a few more in the interim to expand on its international operations,” stated the source.
The airline has recently begun service to Jeddah and Male.
