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Singapore Air eyes overseas hubs as Covid exposes weakness of domestic market

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Importance of India Goh highlighted India as a key growth area, saying it is expected to become the world’s third-biggest aviation market by the middle of this decade, if not before.

Singapore Airlines teamed up with Indian conglomerate Tata Sons Pvt. to form full-service carrier Vistara, which started flying in 2014.

Vistara now serves nine overseas destinations and 31 in India, though it has yet to make a profit.  “India is obviously a very important one because it’s going to be massive," Goh said. “We want to continue to look at scaling up Vistara and ensuring that it grows well."  Apart from the huge domestic market -- already the world’s third largest -- India’s allure also lies in international passengers.

Close to 4.8 million people traveled between India and Singapore in 2019, before the pandemic, data from India’s Directorate General of Civil Aviation show.

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