Competition is expected to soar in India’s aviation sector during 2022, as new players enter the industry along with deeper penetration of air transport in hinterland.
Accordingly, a new airline as well as more privately operated airports are expected to increase competition in the sector which has faced the brunt of the ongoing pandemic.
Besides, expanding regional and intra-regional presence will continue to widen the scope of the industry.
Moreover, passengers will gain from increased competition, Centre from divesting airport assets and the workforce from more professional opportunities in the aviation sector.
In terms of airlines, in 2021, Jet Airways and Air India found new owners.