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Old 22nd Sep 2013, 02:51
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Thumbs up TATA SINGAPORE Airline

With the news

Singapore Airlines, Tatas to float $100m airline - The Times of India

Tata-Singapore Airlnes pact was months in the making - Economic Times

Tatas resurrect alliance with Singapore Airlines - The Hindu

http://economictimes.indiatimes.com/...articleshow/22

Just starting a new thread so that we can all follow up and share news associated with the new venture ....!

Wishing the very best for the new Airline to takeoff ASAP..!

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Old 22nd Sep 2013, 03:00
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AirAsia's India partner opposes Tata-Singapore Airlines joint venture

AirAsia's India partner opposes Tata-Singapore Airlines joint venture
By ET Now | 21 Sep, 2013, 06.49AM IST56 comments |Post a Comment


The Tata group’s joint venture with Singapore Airlines to set up a full-service carrier in India appeared to have flown into an air pocket.
The Tata group’s joint venture with Singapore Airlines to set up a full-service carrier in India appeared to have flown into an air pocket.
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By Sumit Chaturvedi

The Tata group's joint venture with Singapore Airlines to set up a full-service carrier in India appeared to have flown into an air pocket on Friday, with one of the Indian conglomerate's partners in an earlier low-cost airline venture hitting out at the decision, calling it "unethical" and saying he was shocked to hear the news.

Arun Bhatia, whose Telestra Tradeplace is one of the partners in AirAsia India, the soon-to-be-operational three-way venture that also includes Malaysia's AirAsia and Tata Sons, told ET NOW that he was completely in the dark about any talks for the full-service carrier between the Tatas and SIA.

"I was shocked to hear about Tata Sons' new JV with Singapore Airlines. Tatas should have informed me also. They kept me in the dark. It is unethical on their part to get into two joint ventures at the same time. How can they maintain secrecy of operations in two airlines and run them profitably at the same time?" asked Bhatia.

Bhatia, who owns 21% in AirAsia India, said he had the option of existing the venture, but would not do so. " will not exit the airline and I am ready to buy Tata Sons stake if offered," he said, adding that he would take up the issue at a board meeting planned for September 28. Bhatia, a Delhi-based businessman who deals in property in tony areas of the Capital, is also related by marriage to London-based steel tycoon LN Mittal — his younger son Amit is married to Mittal's daughter Vanisha.

AirAsia's India partner opposes Tata-Singapore Airlines joint venture Bhatia's outburst at being kept in the dark about the Tata-Singapore Airlines negotiations is embarrassing for their fledgling partnership, exposing a communication gap between the partners. Compounding the problem is the suggestion that the Tatas had kept AirAsia informed about its talks with Singapore Airlines, but had not taken into confidence its other partner.

A Tata Sons spokesperson declined comment and officials did not respond to specific queries about whether they had informed the Bhatia family, which, besides being in the real estate business for years, is also into trading and is an opportunist investor in commodities trading.

But sources familiar with the matter said AirAsia, the 49% partner and the key driver of the low-cost airline, and its chief Tony Fernandes knew about the parallel negotiations that the Tatas were having with Singapore Airlines and had also given their "stamp of approval".

One of the sources said both the airline propositions were different and do not compete with each other. "To me, these are convenient balloons that are being floated to perhaps come in the way of a smooth takeoff."

"It's a storm in a tea cup," this person said, requesting anonymity.

Although Tata officials have privately insisted that AirAsia has been on board with the decision, the Malaysian group and its normally loquacious chief Fernandes have said virtually nothing.

Fernandes is normally very active on Twitter and has heaped praise on Ratan Tata and the Tata Group since AirAsia's tie-up with the conglomerate. He is known to even announce company decisions on the social media website, a habit he said impressed the Tatas.

But the Tata-SIA partnership did not find mention in the tweets of Fernandes, whose last few tweets have been largely related to the Caterham racing team and AirAsia Bhd's offer of 20,000 free tickets.

But executives associated with the Tata-AirAsia venture dispelled any talk of a rift between Fernandes and the Tatas. They point to the different models of the two proposed airlines — AirAsia India will be low-cost while the Tata-SIA will be full-service.
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Old 22nd Sep 2013, 05:52
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This news is for now good news in Indian Aviation. I can understand Bhatia's angst about the whole deal as any other normal businessman would. But it also throws the Air Asia project in a corner. Will it start ? And if it does how long with it survive in the difficult and competitive environment in India ?

For the long term , this venture will change the face of Indian aviation if it does come through.Because I am sure there will be many in the industry, especially Mr. "You Know Who" will be working 24 hours a day with numerous trips to Delhi to try and thwart this project. But then it is India's name at stake here and he might just lose for once this time around.

SIA will in the next 6 years ( after it starts international operations ) be the biggest player in the Indian market for international traffic. They command most of the east bound traffic from India and when TATA SIA does fly international it will start capturing the west bound traffic which will be a body blow for Etihad , Emirates and Qatar. Not to mention it will further feed it's Singapore hub and possibly more direct eastern routes from India.

This would mean the eventualy closure of Air India , as the government will no longer have the money to support. The closure of Air Costa and severe reduction in expansion plans for Indigo and Jet Airways and also a fight for survival of Spice Jet.

Not to mention , Dr.Mallya will be talking his usual nonsense from Bangalore while he and son Sid fly their matchbox A 380 in UB city and Capt.Gopinath dream of starting another airline will be another pipe dream of his.

With Air Asia , fatboy Tony will be around for a few years , close down and blame everyone around on why he shut down. Wonderkid Mittu will be back in Singapore modelling , that is if he is still wanted there while the rest of the crowd will continue their move from one airline to the next.

And I will sit here and gloat when all this comes to pass.

By the way , what do you get when you merge Jet and Etihad....Jihad.
And that's what this is going to be , a war so bloody in the Indian skies that you will see a lot of closures and job losses.
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Old 22nd Sep 2013, 07:11
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hi

^^The most negative statement i have ever read in this forum. You forgot that with glibalisation we will have more people travelling within as well as outside the country. Changing policies, government subsidiaries, Development of airports at tier I and tier II.. But according to your post, it seems everything will be lost and we will have to opt bullock carts.. Get a life old junk-yard.. Your post says you have lost everything in your life and trust me you aint gonna achieve it all over again with this attitude.. There are young aspirants who look up to this forum and words like these eventually disheartend them. And I have experienced that most of the people here are just good at spreading rumours, talking sh** and discourage other pilots.. If you cant win, its better not to play the game because even lack that winning spirit in you. Highly Disappointed...
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Old 22nd Sep 2013, 09:52
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Tatas apply for 'Tata SIA Airlines Limited' name

Tatas apply for 'Tata SIA Airlines Limited' name
PTI New Delhi, September 20, 2013


Starting the process of incorporating a new company for its proposed aviation venture with Singapore Airlines, Tata Group has sought to register this entity as 'Tata SIA Airlines Limited'.

The application for registration of this name has been filed with the Registrar of Companies through submission of form '1A', which is the first step towards incorporation of a new company.

The registration is currently "under process" and can be approved soon, as per the latest information available with the corporate affairs ministry.

This will be followed by submission of various other documents, including the Article of Association, and details of the company's board of directors, share capital, business areas etc.

Going by the proposed name, the new company is expected to be a 'public limited company', which needs to have a suffix 'limited' to its name. The private limited companies need to suffix their names with 'private limited'.

The brand name of the proposed airline, however, is yet to be announced.

Incidentally, Tata SIA Airlines Limited would be among the first major companies to be incorporated under the new Companies Act, 2013 that came into effect earlier this month.

Tata Sons Ltd, the holding company of salt-to-software conglomerate Tata Group, and Singapore Airlines announced on Thursday that they are setting up a new full-service airline in India. While Tata Sons would hold majority 51% stake, Singapore Airlines (SIA) would have remaining 49%.

The two partners are expected to make an initial investment of $100 million to launch the airline, which may take off next year after necessary clearances.

The initial board of the new carrier, Tata SIA Airlines Ltd, will have three members, two nominated by Tata Sons and one nominated by Singapore Airlines.

This is the third attempt by the two partners to enter the Indian civil aviation sector.

The Tatas have a long history of association with civil aviation in India. In 1932 JRD Tata had started Tata Airlines, which was later in 1946 renamed as Air India and was subsequently nationalised in 1953.

Earlier in February this year, Tata group had also announced a partnership with Malaysia's AirAsia for a low-cost carrier in India, wherein Arun Bhatia's Telestra Tradeplace Pvt Ltd is the third partner.
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Old 23rd Sep 2013, 01:47
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Lets hope this one takes off relatively quick

Government to fast-track Tata-SIA airline - The Times of India

Last edited by cyrilroy21; 23rd Sep 2013 at 01:47.
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Old 23rd Sep 2013, 04:18
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Mr.CB , sorry to break your bubble. But as I always say , read my previous posts and you will see that I have never been wrong. About my status in life , well I will let the world decide for that. But you forget one thing , I write these posts because I have been there and done that ....it's called experience. A couple of years down the line you will look back and recall my post and by that time you should have some experience of your own. I have heard the talk of globalisation , free market blah blah blah , but there is something called economic fundamentals. Wake up look around and look at the world economy , look what free market and globalisation brought us , the reason we are where we are today is because the fundamentals of economics were ignored. It's the same with aviation , if you ignore the fundamentals , you will pay dearly. For all the pundits who spoke of the immense potential Indian aviation has with it's population tell me...why have so many airlines gone bust since 1991 ? Why are the present day carriers reeling under debt which is more that 1 billion dollars ? Wake up and smell the coffee.Wait another 2 weeks for my doomsday predictions
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Old 23rd Sep 2013, 09:06
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Airlines, or for that reason any firm looking to venture out into a new market or business portfolio spend a hell lot of money hiring professional consultants/experts even top financial consulting companies, who do a complete market research and then provide the company with a report on the feasibility of the business plan and i am sure that an organization such as TATA-SIA must have hired the best in the business for their business plan evaluation. Then, The top executive management ( generally guys from top business schools) study the report, endless discussions and meetings take place and finally they conclude whether to go ahead or not!! Offcourse this doesn't guarantee success, but i was just wondering why couldn't they log onto pprune and get the expert opinion by our own pundits here...

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Old 24th Sep 2013, 04:57
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Of yes almost all airlines do hire well paid consultants to do the job , don't forget Accenture were the consultants for the Air India - Indian Airlines merger , reporting if I am not mistaken , directly to Praful Patel and look what that has brought us. For the record I have worked with a few of those consultant types and let me tell you the only thing they have backing them is the name of the organisation they work for aka Accenture , E and Y and the likes , the fact is we had to teach them the basics and they wrote the report which in a nutshell is simply " bull****" . They simply did not have a qualified aviation professional in the panel. And the senior management of the airlines love it when a big name feeds them ****.I am sure that all these guys , except Tony , will be having the consultants around them. I just hope they will be there when the airline shuts shop too.
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Old 24th Sep 2013, 14:06
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Interesting. If they are planning to fly longhaul routes, would they likely sub-lease older SQ 777s as those are phased out from SQ's fleet (like Scoot)?
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Old 24th Sep 2013, 16:50
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Singapore is gambling. Like any Chinese is addicted to doing. It appears that they are running out of ideas in their own realm, and, perhaps patience.

There is a part of the Indian mind set, which goes outside the norm and purview of logic and reason, and perhaps, even destiny.

Good luck to them.
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Old 26th Sep 2013, 15:12
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Dear rdr,

SIA needs access to the Indian market. There is a market in India, if SIA doesn't take it there will be others.

Enjoy the festive season.
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Old 27th Sep 2013, 08:29
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rdr
Tata/Sia is the real stuff. News floating around New Delhi is 13 out Air India's
27 787 orders are to be leased to SIA. The pack of clowns assembled for AIR Asia are just a smokescreen. By the way who's that bimbette walking around train and bus stations in Chennai asking the common man how much they are paying for the Volvo to Bangalore and how much they would pay to fly by AA ! REF ET . Iver I hope I answered your question. .
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Old 27th Sep 2013, 10:23
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Mr.CB , sorry to break your bubble. But as I always say , read my previous posts and you will see that I have never been wrong.
Sky Dancer... Can you please PM the next powerball numbers

On a less serious note

You are bang on target on Gopi, probably somewhere nearby on Air Asia and pretty far away on AI....

Now dont forgot those numbers
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Old 29th Sep 2013, 05:31
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Tata-Singapore Airlines JV: SIA taking another shot at India, despite barriers & rest

Tata-Singapore Airlines JV: SIA taking another shot at India, despite barriers & restrictions
By Binoy Prabhakar, ET Bureau | 29 Sep, 2013,


In each futile attempt the Tatas made to enter aviation their partner happened to be SIA. SIA was actually one of the first global airlines to enter India.
In each futile attempt the Tatas made to enter aviation their partner happened to be SIA. SIA was actually one of the first global airlines to enter India.

In the din that followed the unveiling of a partnership between Tata Group and Singapore Airlines (SIA) on September 19 to start a full-service airline in India, an announcement by South East Asia's biggest carrier five days later may have gone unnoticed. SIA and SilkAir, its wholly-owned regional offshoot, said they will increase services between India and Singapore to 107 times a week from 98 across 11 Indian cities, including a third daily service from New Delhi, from October 27, 2013.

Company officials say there is little to link two announcements, but there is no denying that both underscore the importance of India for SIA. Indian aviation has always been a lodestone for the Tatas, but the same is true for SIA. In each futile attempt the Tatas made in the past to enter aviation — creation of a joint venture in the 1990s and purchase of government-owned Air India in 2000 — their partner happened to be none other than SIA. SIA was actually one of the first global airlines to enter India, launching services to Chennai as early as 1970. An exposure to India is critical now more than ever owing to two factors — a 3-lakh strong Indian diaspora who have settled in Singapore and a growing number of Indian visitors, 9 lakh last year.

Nicholas Ionides, vice-president of public affairs at SIA, says India's aviation market has been expanding rapidly and the airline has been eager to participate in this growth story for many years. The time for the joint venture as a new growth opportunity for SIA was right thanks to liberalisation (the government permitted foreign airlines to invest 49% in Indian carriers a year ago), according to him.

Growth (or lack of) Story

That is only half the story. In spite of the huge potential, SIA's growth in India has been tempered by bilaterals, or air traffic rights, known as Air Service Agreements (ASAs) in aviation parlance that foreign airlines like SIA are captive to.

The ASAs that India signed with foreign states until recently were complicated and archaic, based on a coefficient of aircraft capacity and the market potential of destinations. To cite an example, a coefficient of 1 was affixed to a Boeing 777 aircraft though few airlines fly the plane any more. Thankfully for SIA, the civil aviation ministry did away with the previous arrangement in April. Singapore was allotted 28,700 seats a week under the revised ASA.

GM Toh, the affable general manager of SIA's Indian operations, has mixed feelings about the new arrangement. Earlier, it was not uncommon to see empty seats on SIA planes — nine on every flight — due to restrictions on sales. "We had to use smaller aircraft on routes to comply with the rules," he says, sitting in his office in Mumbai. (Guess where the SIA headquarters in India is located — the Taj Mahal Palace at Colaba, a Tata property).

The new arrangement is only slightly better, according to Toh. Archaic rules have gone, but restrictions remain in place. SIA faces seat capacity constraints in all the metros and Coimbatore. In Delhi and Mumbai, for example, the airline cannot fly more than 6,000 seats a week. "We may be flying three flights a day from Mumbai, but we are only using 5,800 seats," he says.
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Old 30th Sep 2013, 20:56
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We'll fly to airports together and buy fuel together and we'll derive synergy together," Tony Fernandes told ET in an interview
I wouldnt be surprised if the new airline has the A320 in its fleet .

AirAsia?s Tony Fernandes rubbishes reports of spat with Tatas over SIA ties - The Economic Times
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Old 2nd Oct 2013, 05:17
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Why are you assuming A320's?
Maybe the aircraft arriving for SilkAir.....B737's could be heading to India for the initial ops.
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Old 7th Oct 2013, 08:19
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News Article " Ratan Tatas aviation dreams finally takeoff "

Deals with Singapore Airlines & AirAsia: Ratan Tata?s aviation dreams finally takeoff - The Economic Times
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Old 11th Oct 2013, 14:05
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Just read that Ratan is typed and current on the Falcon 2000. Not bad! He claims aviation has always been a passion.

Good luck to him and this operation! Certainly India needs some improvement in international-flying air travel choices.
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Old 11th Oct 2013, 14:46
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I believe Mr. TATA's DGCA file number dates back to 1958

Last edited by cyrilroy21; 11th Oct 2013 at 14:46.
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