The Indian government is expected this week to clear direct investment in Indian airlines by foreign carriers.
The Indian government is expected this week to clear direct investment in Indian airlines by foreign carriers. The Times of India and other media outlets reported that the approval is likely to come at a cabinet meeting Thursday. Struggling Indian carriers, such as Kingfisher Airlines (ATW Daily News, April 3), have said that foreign airline capital would provide a much-needed boost to the industry. Civil aviation minister Ajit Singh earlier this year expressed his support for a ...
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