India allows foreign airline investment

The Indian government on Friday amended its foreign direct investment (FDI) rules, allowing foreign airlines to buy up to 49% equity in Indian carriers. The move is expected to provide a lifeline for debt-laden carriers and open up fresh sources of funding. The decision was part of several new...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.