The growth in Indian aviation sector has been extraordinary and it is expected to gain faster pace in coming months and years.
In last 3-4 years itself, India has seen launch of multiple budget airlines, all of them growing aggressively. For decades, it was only Air India and Indian Airlines, and later Jet Airways.
LiveMint reports that there are 3 other airline start-ups have placed applications with ministry of civil aviation to start their operations.
Kochi-based Emric Air and Chennai-based Air Dravida and Star Aviation are the three that have filed for a regional scheduled airlines operator’s permit that was unveiled last month.
Government policy on regional airlines encourages carriers to connect an Indian metropolis with smaller cities and towns, but does not allow them to operate flights on lucrative routes between large cities. In South India, though, such airlines have been allowed to fly between Bangalore, Chennai and Hyderabad because of their geographical proximity.
“The permissions are under process,” a civil aviation ministry spokesperson said on Thursday, without specifying a time frame when the licenses could be granted.
Air traffic growth in the southern region has outpaced other regions in the past few years. All the three new regional airlines are likely to run low-fare operations, according to their presentations made to the government.
There are nine other applications pending with Civil Aviation ministry for launch of Airlines. However, due to the Indian local airport infrastructure problems, they have not been granted licenses.