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Vistara cash flow sufficient, won't need fund infusion for 6 months: CEO

Tata-Singapore Airlines joint venture made its first net profit in December-end quarter

Vinod Kannan
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Vinod Kannan, CEO, Vistara Airlines

Aneesh Phadnis Mumbai
Vistara's cash flow is sufficient and it will not need fresh funding from promoters for another six months, said the airline's chief executive officer Vinod Kannan on Tuesday.

Vistara, a joint venture of the Tata-Singapore Airlines, made its first net profit in the December-end quarter on the back of capacity expansion, higher fares and revenue growth. The airline launched operations in 2015.

"We can manage on our own," Kannan said while responding to a question on funding.

Fuel price has reduced since December and the rupee has strengthened against the US dollar. Demand and yield are expected to soften, however,

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First Published: Jan 24 2023 | 7:45 PM IST

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