Upcoming aircraft orders and new entrants further underline India’s growth potential

More major developments are looming in the Indian airline industry as a new player moves closer to launching and two legacy airlines prepare to sign large aircraft deals.

The start-up LCC Akasa Air has cleared the final regulatory hurdle before beginning operations and plans to grow its fleet quickly.

Air India appears to be close to placing long-overdue orders for fleet renewal, while Jet Airways is also evaluating aircraft deals to relaunch and grow its operations.

These moves closely follow the announcement of significant leadership changes for Air India and the country's largest domestic airline, IndiGo.

Such developments reinforce the fact that India is one the industry's most dynamic airline sectors in 2022.