India Approves Two New Airlines Amidst IndiGo Crisis and Duopoly Concerns
India's Ministry of Civil Aviation has granted No-Objection Certificates (NOCs) to two new airlines, Al Hind Air and FlyExpress. This move aims to enhance competition in the domestic aviation market, particularly following recent flight disruptions by IndiGo, which highlighted the risks of a duopoly.
- Al Hind Air and FlyExpress received No-Objection Certificates this week.
- Move follows significant flight cancellations by IndiGo in early December.
- IndiGo crisis exposed India's aviation market's duopoly risk.
- IndiGo and Air India Group dominate over 90% of the domestic market.
- Civil Aviation Minister confirms encouragement for new airline entrants.
- Shankh Air also previously received its No-Objection Certificate.
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