Chart of the day: airline competition set to heat up
International flights will get cheaper, more airlines coming

Changes are afoot, with cheaper fares on the way and a lot more options for Indian airline passengers. The new Indian aviation policy says that domestic airlines will no longer have to wait five years before flying internationally. New carriers will be able to fly alongside airlines like Air India and Jet Airways in the global skies. With international passenger traffic set to grow in the next ten years from 70 million to over 200 million, this is a boost. 

This means more competition for older airlines, who opposed the policy change, and cheaper fares for passengers. New domestic players like Air Costa, Vistara and Air Asia will be able to launch international flights once they expand their fleet to at least 20 planes.
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