Asia/Pacific

DGCA re-iterates FDI without control

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DGCA re-iterates FDI without control

The Indian directorate general of civil aviation (DGCA) has re-iterated that foreign investors will not have the right to control an Indian airline. The new ruling affects AirAsia, SIA and Etihad. So the question now for all is this: What constitutes control of an Indian airline and where is the lin...

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