Vistara loss doubles to Rs 831 crore amid tough operating environment

Vistara will deploy 50% of its capacity on international routes in the next five years

The Tata-Singapore Airlines joint venture Vistara’s losses nearly doubled to Rs 831 crore in 2018-19 (FY19) in a tough operating environment, which also saw its peers post weak results. 

The airline, however, is expected to improve its financial performance in the current financial year, as it expands its network and gets a boost in premium-class occupancy following the closure of Jet Airways.

Vistara had reported a loss of Rs 431 crore in the previous financial year. The airline’s latest loss figure is mentioned in Tata Sons’ annual report for 2018-19. The report does not give the details of revenue and break-up of