MarketsEmerging
1.9
LOT VP: Air travel demand up, but airline profits lag on uneven competition
RzeczpospolitaLO·PL·2 days ago
India's Ministry of Civil Aviation has approved start-ups Shankh Air, Al Hind Air, and FlyExpress to begin commercial operations, ending months of regulatory delay. The entry of new carriers could intensify competition in a market where IndiGo holds a dominant share, though actual launch timelines and fleet readiness remain uncertain.