Vistara, the joint venture airline of Tata Sons and Singapore Airlines, is looking to cash in on a turmoil in the aviation sector, with the largest private airline Jet Airways's being grounded and Air India struggling to stay afloat, by infusing money into fleet expansion.
Vistara promoters, Tata Sons and Singapore Airlines, have pumped Rs 4,000 crore into the airline in the last one year, according to a Livemint report, the largest capital infusion Vistara has received in a year since it started flying in 2015.
Earlier, Vistara had said it had hired around 500 ex-employees of Jet Airways including