Govt mulls aligning flying operator norms with FDI policy
The sector is faced with an odd situation wherein a foreign investor, excluding overseas airlines, can acquire up to 100 percent stake in a local carrier but not seek a scheduled operator's permit. The permit can only be given to a company which has substantial ownership and effective control in the hands of Indian nationals.
Oct 31, 2016, 21:54 PM IST
Govt likely to unveil new civil aviation policy next month
With long-drawn consultations now in final stages, the Civil Aviation Ministry expects to come out with the new civil aviation policy next month.
Apr 22, 2016, 20:51 PM IST
SpiceJet issue, safety downgrade marred civil aviation sector
SpiceJet's near-shutdown and the downgrade of India's safety ranking marred the civil aviation sector in 2014 which also saw a new airline taking to the sky and another one readying itself to do so early next year.
Dec 29, 2014, 10:25 AM IST
