New Delhi/IBNS, Dec. 24 -- India has taken a decisive step to widen competition in its fast-growing aviation sector by approving new airline entrants, aiming to dilute the overwhelming dominance of a few major carriers.
The move comes in the wake of recent operational disruptions at IndiGo, which reignited concerns over the risks of an overly concentrated market.
New airlines get regulatory green light
The Union Ministry of Civil Aviation has granted no objection certificates (NOCs) to two new airline applicants - Al Hind Air and FlyExpress - paving the way for their entry into India's domestic aviation market.
A third carrier, Uttar Pradesh-based Shankh Air, which already holds an NOC, is expected to commence operations in 2026.
Civ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.