The Working Group on Civil Aviation (WGCA) comprising secretaries of various ministries has proposed raising the foreign direct investment (FDI) limit to 49%. The members of the WGCA told the civil aviation secretary, who heads the group, that a 49 % stake sale would be far more attractive to foreig...
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China Eastern Airlines Jiangsu applies for international flights
By
Dino D'Amore
26th February 2015