India’s new airline, Shankh Air, has officially received the green light from the Civil Aviation Ministry to kick off its operations. However, before it can actually take to the skies, the airline still needs to secure final approval from the Directorate General of Civil Aviation (DGCA). This is an exciting development for aviation enthusiasts and travelers alike, as the entry of a new player could mean more choices and potentially better fares for passengers.
Compliance and Regulations
The ministry’s approval comes with a set of guidelines that Shankh Air must follow to ensure everything is above board. This includes adhering to regulations concerning foreign direct investment (FDI) and meeting the requirements set by the Securities and Exchange Board of India (SEBI). The airline has been issued a ‘No Objection Certificate’ (NOC), which remains valid for three years, giving it a solid timeframe to get things in order before launching its services.
Expanding the Aviation Landscape
Shankh Air is set to become the very first scheduled airline operating out of Uttar Pradesh, with its main hubs in Lucknow and Noida. The airline plans to initiate its services using a fleet of modern Boeing 737-800NG aircraft and aims to connect major Indian cities, focusing on areas with high air travel demand but limited direct flight options. Meanwhile, the competition in India’s aviation sector is heating up, as established airlines like Air India and IndiGo continue to vie for market share, reflecting a growing appetite for air travel across the country.
SHOTRS COVERAGE.
India’s new airline, Shankh Air, has received approval from the Civil Aviation Ministry to begin operations, pending final clearance from the DGCA. Operating from Uttar Pradesh, the airline’s initial fleet will consist of Boeing 737-800NG aircraft, aiming to connect underserved regions. The NOC granted is valid for three years and mandates compliance with FDI and SEBI regulations. Meanwhile, competition in the aviation sector intensifies, with Air India regaining market share while domestic air traffic saw a 5.7% rise in August.
