Monday, April 07, 2014

Twice shy Tata ticks all SIA boxes

New Delhi: Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The airline is also talking with the ministry of home affairs (MHA) for security clearances for foreigners to be appointed in the core project team, after which it would apply to the Directorate General of Civil Aviation (DGCA) for a scheduled air operator’s permit.
A source in the airline said, “Our domain heads meet every fortnight to assess the preparedness to begin operations. We are 70-90 per cent ready. We will now apply for an import licence for 20 aircraft. We want to have our documentation in place and procedural requirements in order before applying to DGCA. It would take a couple of weeks.”
MHA has okayed appointment of three board members — Chairman Prasad Menon and directors Mukund Rajan and Mak Swee Wah. However, the airline is yet to receive clearances for Phee Teik Yeoh (tipped to be the chief executive) and Glamming Toh (expected to be the chief of commercial operations).
“We have not yet appointed the CEO formally because he is yet to get a clearance from the ministry of home affairs,” the source said.
07/04/14 Sharmistha Mukherjee/Business Standard
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