| Category | Details |
|---|---|
| New Airlines Approved | Al Hind Air and FlyExpress granted No Objection Certificates (NOCs) by Ministry of Civil Aviation. |
| Expected Launch | Both airlines to begin commercial operations in 2026. |
| Other New Entrant | Shankh Air (already secured NOC) may start operations in 2025. |
| Regulatory Significance | NOC is the first major step, ensuring compliance with ownership, financial, and security requirements. |
| Market Position | India is the world's third-largest domestic aviation market. |
| Current Market Share | IndiGo (65%+) and Air India Group dominate (>90% combined). Other players: Akasa Air, SpiceJet, Star Air, Fly91, IndiaOne Air. |
| Impact of New Entrants | Potential for improved competition, regional connectivity, and reduced duopoly risks. |
| Key Highlight | New airlines may enhance capacity, route diversity, and price discovery. |
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