Shankh Air set to soar in India's expanding aviation market
Published By : Prameya News Bureau | September 24, 2024 4:06 PM
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India's aviation scene is about to get even more interesting with the arrival of a brand-new airline, Shankh Air. The Civil Aviation Ministry has given them the green light, although they'll still need the final nod from the DGCA before their planes actually take off.
Shankh Air is aiming to make Lucknow and Noida its main hubs. Their plan is to fly both within the state of Uttar Pradesh and to major cities across India. They're particularly interested in connecting places that currently don't have many direct flight options, which is great news for travelers who are tired of long layovers and multiple hops.
Shankh Air is entering a market that's already pretty crowded and undergoing some major changes. Right now, IndiGo is the undisputed king of the skies, controlling more than 60% of the market. Air India, which is the second-largest, is also on an expansion spree, planning to merge with Vistara and AirAsia India.
This trend of bigger airlines getting even bigger is making it tough for smaller players. We've seen Go First shut down, and SpiceJet is facing some serious financial troubles. This kind of consolidation means fewer choices for passengers and, potentially, higher ticket prices.
Despite these challenges, India's aviation market is booming. It's now the third-largest in the world for domestic flights, and passenger numbers keep going up. The government is even planning to expand its UDAN program, which aims to improve connectivity to smaller cities, by adding hundreds of new airports.
All of this means that Shankh Air is launching at an exciting but also uncertain time. If they can successfully navigate the competitive landscape and focus on providing good service to underserved routes, they have a real chance to make a name for themselves. We'll be watching closely to see how they fare!