INDIA: Government set to approve India foreign airline FDI in aviation up to 49%

Thursday January 12 2012

Further to the update of 13 December, it is being reported that the Indian government is poised to permit up to 49% India foreign investment in airlines. India currently prohibits India foreign airlines from acquiring stakes in Indian carriers, however other foreign investors are permitted to acquire up to 49%. This information will be updated as further details become available.