The current FDI policy does not permit foreign airlines to invest in Air India whereas they are allowed up to 49 per cent stake in domestic...

By India permitting 100 per cent FDI in scheduled airlines, the Indian government will have no visibility on where control lies, said FIA.

Spicejet CMD Ajay Singh and IndiGo President Aditya Ghosh have recently raised this issue during their meeting with Commerce and Industry M...

FIA – which includes IndiGo, Go Air, Jet Airways & SpiceJet – has alleged that the rule is being changed to favour a new entrant in domesti...

The Wadia Group-owned GoAir has flown into the black and is now firming up the launch of its international operations next May.

The FDI limit in airlines was 49 per cent. The airline would also get delivery of 72 new-age Airbus A320 aircraft between 2016 and 2020.

Ajit Singh today said India remains opposed to the EU's emission norms for airlines which entail payment of fine on exceeding limits

Wadia group's no-frills carrier Go Airlines has sought relaxation in rules to fly foreign destination.

Budget carrier GoAir today said it is optimistic about FDI in aviation but is not sure when the proposal will get the green signal.

After 16 years, the government is set to again allow foreign airlines to take stakes in Indian carriers later this week.

The Cabinet is likely to decide on the proposal to allow investments by foreign carriers into Indian ones this week.

GoM meet on Thursday may also decide on the investment cap by foreign airlines in buying equity in Indian carriers, official sources said.

CII suggested that the government liberalise the FDI policy to allow foreign airlines to invest up to 49 per cent in domestic air-carriers.

The decision will set the stage for international airlines to come to the rescue of the cash-strapped Indian aviation sector.

Govt also decided to immediately release Rs 150 cr for payment of portion of of portion of wages of Air India employees, including pilots.

A group of ministers will consider a proposal on Tuesday to allow foreign airlines to buy into domestic carriers.

The govt is considering a proposal to increase the FDI limit in domestic carriers to 74% from 49%.