Singapore Airlines (SIA) and Indian full-service airline Vistara have signed a commercial cooperation framework agreement that will further strengthen the existing partnership between both airlines.
Under the agreement, both airlines will jointly plan for capacity, sales and marketing, as well as offer joint fare products, customer services and operations to their customers.
Vistara is a joint venture between SIA and Tata Sons Private Limited, the holding company of Tata Group in India.
The agreement, which is subject to regulatory approval in Singapore, is an extension of a codeshare partnership that came into effect in 2017.
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Through the agreement, SIA and Vistara will allow both airlines to achieve “further synergies” on services between Singapore and India, as well as Southeast Asia, Australia and New Zealand.
“By bolstering our partnership, Singapore Airlines and Vistara are able to work together to provide additional options for our customers. It also reflects the importance of the Indian market to Singapore airlines, as well as our commitment to grow our network in the coming years,” says JoAnn Tan, acting senior vice president, marketing planning, Singapore Airlines.
Leslie Thng, Vistara’s CEO says the intent is reflective of Vistara’s “deep-rooted commitment to providing its customers the finest and most convenient way to fly across the world with the consistency of a five-star travel experience”.
“This is in line with our long-term growth plan of expanding Vistara’s global presence and presenting India’s best airline to the world,” Thng adds.
Shares in SIA closed 4 cents lower or 0.9% down at $4.38 on Dec 7.
