Government clears the decks for six new airlines

Overturning a policy of selectively granting aviation licences to applicants, the civil aviation ministry has approved six new airlines.

The move could result in as many as eight new airlines taking to the skies this fiscal year, including Tata Sons Ltd’s low-cost joint venture (JV) with Air Asia Bhd that has already started flights and its premium JV with Singapore Airlines Ltd (SIA), expected to launch operations in October.

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First Published: Jul 22, 2014 14:17 IST