Vistara not racing against time to start international operations: CE

Vistara is not rushing to start international operations and will not go for a mega expansion spree that can cause indigestion. Last week, the civil aviation ministry removed the stipulation that airlines must operate in India for at least five years before venturing abroad, while retaining the rule that they need a minimum of 20 aircrafts before starting overseas flights. Vistara, which started in Jan 2015, was lobbying for the scrapping of the 5-year rule. Phee Teik Yeoh, CE of Vistara, which still has only 11 planes, said that international operations can take 12-24 months to launch based on many variables and that fresh capital injection will be required for the proposed operations. "We are not racing against time to start our international operations. And, therefore, there is no urgent need for any acquisitions," said Yeoh. <br/>