airline sector
The Indian airline sector began in 1911 with the first commercial flight between Allahabad and Naini. Air India, established in 1932, was the first international carrier. The sector liberalised in the 1990s, leading to increased competition. India is now the third-largest aviation market globally. The government aims to enhance regional connectivity through the UDAN scheme. Environmental concerns are rising with increasing air traffic.
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 on May 5, 2026, to provide ₹2.55 lakh crore in additional credit support to eligible businesses....
May 6, 2026