New Airlines Soar: Al Hind Air, Fly Express Approved, Ticket Prices May Drop

• Union Ministry of Civil Aviation approved Al Hind Air and Fly Express; Shankh Air also plans operations by 2026.
• New entrants aim to boost competition in the Indian aviation sector, currently dominated by IndiGo (65%) and Air India.
• Increased competition is expected to lead to a reduction in air ticket prices and improved services for passengers.
• Al Hind Air, from Kerala, will use Kochi as its hub, focusing on regional connectivity with ATR 72-600 aircraft.
• The government encourages new airlines to make air travel accessible, despite past failures like Go First and Jet Airways.

Why It Matters: Three new airlines are set to enter India's fast-growing aviation market, promising lower fares and better services.