Friday 21 September 2012

FDI in Aviation won't serve as a game changer for airlines industry

Airline industry expecting positive response: Ajit Singh
A day after notifying a policy measure to allow foreign airlines pick up 49 per cent stake in Indian carriers, the government today said the aviation industry was in an upbeat mood as it was expecting a positive response to the move. Source: PTI ...
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AirAsia Keen to Enter India
Wall Street Journal
SINGAPORE--AirAsia Bhd . is keen to enter India's aviation sector after the government relaxed rules on foreign ownership but is not currently in talks with any existing carrier on a partnership, the chief of the Malaysian budget carrier said Friday ...
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How FDI in retail, aviation will boost India's growth
FDI norms in aviation sector also have been relaxed, which will now allow the foreign aviation firms to invest in Indian aviation sector. The broadcasting sector has also been liberalized by allowing up to 74% FDI. Amid these reforms announcements, the ...
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FDI in Aviation won't serve as a game changer for airlines industry
Economic Times
... airlines industry as it would not address the systemic and operational challenges of the industry. One of the biggest operational challenges in India's strongly cyclical airlines industry is the inconsistency in taxes of aviation turbine fuel among ...
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Etihad said to eye stake in India's Jet Airways
A spokesperson for Etihad was quoted by Zawya Dow Jones as saying India's aviation industry offered "tremendous potential", adding that the carrier had "identified equity investments in other airlines" without mentioning any specific names. "The two ...
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Indian opposition calls nationwide strike over reforms
Los Angeles Times
On Thursday, days after officials finally announced decisive reforms, those "vested interests" made eminently clear their displeasure over the Cabinet's decision to cut fuel subsidies and allow foreign investment in the retail, aviation and ...
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