As of January 2026: There are widespread claims on social media about Shankh Airline’s ownership, share price, and launch. In this article, we will elucidate the official facts and the realities of the market.
By 2025, IndiGo and Tata-backed Air India control nearly 90% of the domestic air traffic, making it difficult for new airlines to enter the market.
In this context, Shankh Airline has surfaced as the first scheduled airline from Lucknow, Uttar Pradesh, with an emphasis on linking regional cities to prominent metropolitan centers.
Why Shankh Airline India Is Launching Now
The launch of Shankh Airline India is in line with the strong growth in India’s aviation sector. Initiatives from the Ministry of Civil Aviation and the UDAN scheme have broadened regional air travel beyond crowded metro centers.
At the same time, an expanding middle class has made air travel a regular occurrence rather than a luxury, increasing demand from Tier-2 and Tier-3 cities. However, unstable ATF prices, fluctuations in the rupee–dollar rate, and recent issues faced by IndiGo and Air India reveal the risks involved. In this scenario, Shankh Airline India is set to launch in 2026.
Table of Contents
Shankh Airline India: Full-Service or Budget Airline?
Shankh Airline India is a budget-friendly full-service airline, not an ultra-low-cost carrier. Founder Sharvan Kumar Vishwakarma states that the airline aims at middle-class travelers seeking reliability, baggage allowance, and basic onboard service at reasonable prices—without a no-frills experience.
Shank Airlines: Domestic or International Operations?
At the start, Shankh Airline India will only run domestic flights, concentrating on regional and city connections.
Reports from the industry indicate that international growth might be looked at around 2027, but there is no set schedule yet.
Founder & Chairman: Sharvan Kumar Vishwakarma
Sharvan Kumar Vishwakarma serves as the founder and chairman of Shankh Airline India, playing a crucial role in its regional-first aviation strategy.
Coming from a middle-class family in Kanpur, he started his career in ground-level logistics before expanding into businesses like steel trading, cement supply, mining, and transportation.
His hands-on experience influenced his conviction that air travel in India should be accessible and reliable for the middle class. As the chairman of Shankh Aviation Private Limited, Vishwakarma’s objective is to position Shankh Airline India as a budget-friendly, full-service airline, focusing on regional connectivity and trustworthy operations rather than engaging in aggressive price competition.
Corporate Structure & Financial Commitment
As a part of Shankh Aviation Private Limited, Shankh Airline India was incorporated in October 2023 and is situated in Lucknow. The company possesses a fully paid-up capital of ₹50 crore, which meets the regulatory requirements for a scheduled airline and reflects a solid commitment from its promoters.
This promoter-led structure enables quicker decision-making in a highly competitive aviation industry.
Shankh Aviation Founder—sharvan Kumar Vishwakarma : Net Worth
Shankh Airline Owner Net Worth : Publicly available figures regarding Sharvan Kumar Vishwakarma’s net worth are not found in trustworthy financial sources. There is no verified valuation of his wealth on well-known lists such as Forbes.
Upstox – Online Stock and Share Trading
Nonetheless, reports indicate that:
- Official net worth: Not disclosed in verified financial records
- Public rankings: Not found in Forbes or other significant rich lists
- Known investments: Reportedly ₹400–450 crore allocated to Shankh Airline India through entities linked to promoters
- Business interests: Involved in steel trading (TMT bars), cement, mining, logistics, and wholesale trading under the Shankh Group
- Financial standing: Shows strong promoter backing, yet not categorized as a billionaire entrepreneur
Although Sharvan Kumar Vishwakarma’s exact net worth is not disclosed, his ability to fund a capital-intensive airline project indicates a strong financial capacity and a commitment to the long term.
For Shankh Airline India, the strength of this promoter is more important than the headline net worth figures, especially in the high-risk aviation industry.
Brand Philosophy: Why the Name ‘Shankh’?
“Shankh” (conch shell) is a name that embodies auspicious beginnings and duty in Indian culture. By choosing this identity, Shankh Airline India aligns itself with cultural traditions and regional pride, particularly appealing to Tier-2 and Tier-3 travellers, while solidifying its brand promise of trust, transparency, and reliability.
Launch Plans & Initial Routes : Shankh Aviation
Shankh Airline is set to commence commercial operations in 2026, contingent upon receiving final regulatory approvals.
Initially, the airline will target domestic routes, connecting significant Uttar Pradesh cities such as Lucknow, Varanasi, and Gorakhpur with major metropolitan hubs including Delhi, Mumbai, and Bengaluru, thus improving regional-to-metro connectivity during its first phase.
Cabin Crew Qualifications & Career Scope
Shankh Airline India has set forth the standard qualifications for cabin crew jobs. Applicants need to have passed 12th grade, be proficient in English and Hindi, and comply with the age and fitness criteria defined by the airline. Those selected will receive comprehensive training that addresses safety, emergency procedures, and service standards.
While the official salary figures are not available, industry estimates suggest that new cabin crew members at Indian airlines earn around ₹30,000 to ₹40,000 each month, which allows for steady career progression as operations develop.
Is Shankh Airline Listed? Share Price
As a private, unlisted company, Shankh Airline India does not have a share price on stock exchanges such as BSE or NSE. The airline is supported by promoter capital and internal investments instead of public shareholders. Currently, there is no official announcement regarding an IPO, and retail investors cannot acquire Shankh Airline shares in the stock market.
Note: Shankh Airline has not been listed on the stock market yet, which means there is no official share price available.
Shankh Airline: Risks & Challenges Ahead
Shankh Airline India is well-positioned, but it encounters significant challenges in the aviation sector. Fluctuating prices of Aviation Turbine Fuel (ATF), changes in the rupee–dollar exchange rate, and issues with aircraft availability can raise operating expenses. Moreover, entering a market with strong competitors increases competitive pressure. The airline’s ability to manage costs and expand its operations will be vital for its future success.
Frequently Asked Questions About: Shankh Airlines
Q1: Who is the owner of Shankh Air?
Shankh Air was created and is primarily owned by Sharvan Kumar Vishwakarma, a businessman from Kanpur involved in steel trading, construction materials, mining, and logistics. He also acts as the airline’s Chairman.
Q2: When will Shankh Airline India start flying?
Shankh Air has secured its No Objection Certificate (NOC) and plans to launch commercially in Q1 2026, depending on final DGCA approvals (AOC).
Q3: Is Shankh Airline India a budget airline?
No. Shankh Airline India is regarded as a cost-efficient full-service airline, presenting competitive fares that feature benefits like baggage allowance and onboard service, rather than prioritizing ultra-low-cost and no-frills.
Q4: Is Shankh Airline India domestic or international?
Shankh Air will start as a domestic airline in India. International routes are in the long-term vision and might be explored around 2027, depending on fleet development and regulatory clearances.
Q5: Does Shankh Airline India have a share price?
No. Shankh Air is a private, unlisted entity, so it does not have a share price on BSE or NSE. The airline is funded through promoter capital instead of public shareholders.
Final Thoughts
Shankh Airline India is making its entry into the market as the demand for aviation in India rises beyond just the metro cities and into regional and Tier-2 areas.
With a budget-friendly full-service model, strong commitment from its promoters, and a clear focus on connectivity led by Uttar Pradesh, the airline is pursuing a unique regional-first strategy.
However, the aviation industry is still very risky. Factors such as fuel prices, currency volatility, and strong competition will test its execution.
If Shankh Airline India can balance low costs with operational discipline and grow gradually, it could become a notable regional player—making its 2026 launch an important example in India’s next phase of aviation growth.
