CNBC's Inside India newsletter: Can new airlines cure all that ails India's aviation sector? [CNBC]
Yum! Brands, Inc. (YUM)
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Source: CNBC
The country's civil aviation minister said India has space for five big airlines. Experts say new airlines will not help as India first needs to resolve structural issues such as rigid cost and revenue constraints. 'This report is from this week's CNBC's “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Last month, Indian airports descended into chaos as hundreds of flights were cancelled by the country's largest airline, Indigo, upending travel plans for thousands of passengers. Its closest competitor, Air India, has been dealing with troubles of its own. In 2025, one of its London-bound planes crashed in a tragic accident, killing all but one of its 242 passengers on board. And more recently, Canadian authorities ordered the airline to investigate a pilot who failed two breathalyzer tests before a scheduled departure. The Tata Group, which owns Air India alongside Singapore
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