Sunday, March 30, 2014

Tata-Singapore airlines gets MHA nod


Tata - Singapore airlines gets MHA nod

31 MARCH 2014

 The Tata -Singapore airlines (SIA) JV full service airline has cleared yet another hurdle with the home ministry granting it security clearance. MHA did a background check of the three members of this proposed airline's board — chairman Prasad Menon of the Tata group, Tata Sons brand custodian and chief ethics officer Mukund Rajan and SIA EVP (commercial) Mak Swee Wah. They have been cleared to be on the airline's board.

Now, Tata-SIA requires clearances from the aviation ministry and the directorate general of civil aviation — a process that is expected to take some months and be over by the time India gets a new government.

"Tata-SIA (proposal) will take some time. The other Tata JV airline with low cost carrier AirAsia is in the final stages. They may be issued a schedule airline permit (read licence) by as early as next week itself. Their first plane is already in India. They may start operations very soon," said a senior official. 

AJAY SINGH THAKUR

PGDM 2nd Sem

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