The Vistara airline is a joint venture between Tata Sons and Singapore Airlines.The new carrier was announced in 2013 and will be a full-service airline based in New Delhi. The two companies will initially invest a combined US$100 million to start the carrier, with Tata Sons owning 51 per cent and Singapore Airlines (SIA) owning the remaining 49 per cent.
Vistara will be the first domestic carrier to operate out of the new Terminal 2 at Mumbai International Airport. The airline will initially operate from level 4 of the terminal, which is being used by international carriers. From July 2015, it will be shifted to level 3, which when complete will be dedicated for domestic carriers