Vistara is a joint venture between Tata Sons and Singapore Airlines that was established in 2013. It will operate as a full-service airline based in New Delhi, initially investing $100 million. Vistara aims to deliver exceptional service and push the boundaries of air travel in India. It will focus on trunk routes in northern India, linking Delhi to cities like Mumbai, Bangalore, and Srinagar.

1. DEPARTMENT OF
MANAGEMENT STUDIES
Under The Guidance Of:-
MS. SWATI BHATT
SRM UNIVERSITY
Delhi NCR Campus.Modi Nagar,
Ghaziabad-201204

2. PRESENTATION
ON
“Our name is derived from the Sanskrit word ‘Vistaar’, which means ‘limitless
expanse’. We are focused on pushing the boundaries of air-travel to deliver
exceptional service.”

3. PRESENTED
BY
MR.GAURAV DWIVEDI
MR.VIBHOR SHARMA
MR.AMIT PARIHAR

4. Vistara
Founded 2014
Hubs Indira, Gandhi International
Airport, Delhi
Company slogan "Atithi Devo Bhava"
Headquarters Gurgaon , India
Key people Phee Teik Yeoh (CEO)
Prasad Menon(Chairman)
Website http://www.airvistara.com/

5. Vistara
Vistara is an Indian airline company which is awaiting
regulatory approval for operations. It is established as a
joint venture between India's Tata sons and Singapore
Airlines. The new carrier, announced in 2013, will be a
full-service airline based in New Delhi. The two
companies will initially invest a combined US$100
million to start the carrier, with Tata Sons owning 51 per
cent and Singapore Airlines (SIA) owing the remaining 49
per cent. This is the third attempt of SIA and Tata at
gaining a foothold in the Indian air travel market.

6. About Us
TATA SIA Airlines Limited, known by the brand name Vistara, is a
joint venture between Tata Sons Limited and Singapore Airlines
Limited (SIA) with Tata Sons holding the majority stake of 51% in the
company and SIA holding the remaining 49%. Vistara brings together
Tata’s and SIA’s legendary hospitality and renowned service excellence
to launch the finest full service carrier in India aimed at creating
memorable and personalised flying experiences for its customers.

7. They first made an attempt to launch a domestic carrier in
1995, but the project failed to take off due to a change in
civil aviation policy that barred foreign carriers from
holding stake in domestic airlines. In 2000, the two bid for
a stake in Air India but the offer was later withdrawn. The
Tata and SIA joint-venture received approval from India's
Foreign Investment Promotion Board in October 2013,
allowing SIA to take a 49 percent stake in the
airline. Commercial operations are likely to start in
October 2014 after it obtains an air operator's
permit. The Hindi term vistara implies ‘limitless expanse’.
Vistara will operate mainly on trunk routes, focussing on
the northern part of the country. The airline will have 87
weekly flights linking its hub in Delhi to Mumbai,
Goa, Chandigarh , Bangalore, Hyderabad, Ahmadabad,
Jammu, Srinagar, and Patna.

8. About TATA Group
The Tata group’s core purpose is to improve the quality of life of the
communities it serves globally, through long-term stakeholder value creation
based on leadership with trust. Founded by Jamsetji Tata in 1868, the Tata
group is a global enterprise headquartered in India, and comprises over 100
operating companies with operations in more than 100 countries across six
continents, exporting products and services to over 150 countries. The
revenue of Tata companies, taken together, was $103.27 billion (around Rs
624,757 crore) in 2013-14, with 67.2 percent of this coming from businesses
outside India.
Tata companies employ over 581,470 people worldwide. Good corporate
citizenship is part of the Tata group’s DNA. Sixty-six percent of the equity
of Tata Sons, the promoter holding company, is held by philanthropic trusts,
thereby returning wealth to the society. As a result of this unique ownership
structure and ethos of serving the community, the Tata name has been
respected for more than 140 years and is trusted for its adherence to strong
values and business ethics.

9. About TATA Group
Each Tata company or enterprise operates independently and has its
own board of directors and shareholders, to whom it is answerable.
There are 32 publicly-listed Tata enterprises and they have a combined
market capitalisation of about $132.35 billion (as on August 1, 2014),
and a shareholder base of 3.9 million. Tata companies with significant
scale include Tata Steel, Tata Motors, Tata Consultancy Services
(TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata
Teleservices, Titan, Tata Communications and Indian Hotels.

10. About Singapore Airlines Limited
When Singapore Airlines was formed in 1972, it operated a modest fleet
of 10 aircraft to just 22 cities in 18 countries. With a commitment to
fleet modernisation, product and service innovation and market
leadership, the Airline quickly distinguished itself as a world-class
carrier. Today, Singapore Airlines operate a modern passenger fleet of
more than 100 aircraft and its network, including Singapore Airlines
Cargo and SilkAir destinations, covering a total of 109 destinations in
40 countries. In October 2007, Singapore Airlines, a member of the Star
Alliance, made aviation history again as the first to fly the world’s
largest passenger aircraft, the Airbus A380.