Indian skies left with just one full-service carrier after Vistara merger

Q: How long will it take to read this news story?

The story "Indian skies left with just one full-service carrier after Vistara merger" has 429 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Indian skies left with just one full-service carrier after Vistara merger" was covered 5 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 216 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23509971</li><li>URL: https://beamstart.com/news/indian-skies-left-with-just-17313091493585</li></ul>

Business Standard Logo Business Standard 5d ago

Indian skies left with just one full-service carrier after Vistara merger - Business Standard

Quick Summary:

With rising air traffic and changing travel preferences, low-cost carriers (LCCs) have become more dominant in the global aviation market, with India’s leading airline, IndiGo, driving the shift.

Following Jet Airways’ grounding in April 2019 due to financial instability, the industry is now set to have Air India as the only full-service airline in the country starting November 12.

The liberalisation of FDI norms in 2012 by the UPA government under Prime Minister Manmohan Singh allowed foreign airlines to acquire up to 49 per cent of Indian carriers.