Ready for takeoff: SIA-Tata JV to start flights in 2H

20 Airbus A320s have been leased.

According to Bloomberg, Singapore Airlines Ltd. (SIA), Southeast Asia’s biggest carrier, and the Tata Group aim to start their joint-venture airline in the second half of this year, to tap surging air travel in world’s second-most populous nation.

The new carrier has leased 20 Airbus (AIR) A320 aircraft for a tenure of 12 years, according to Sanjay Singh, a New Delhi-based spokesman for the aviation alliance. He declined to specify the cost of the planes. “We expect to be airborne in the second half of 2014. It is difficult to predict” the exact time operations will start, he said.

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