Ratan Tata, chairman of Tata Group, which owns AirAsia India and Vistara through joint ventures, has hit out at incumbent airlines in India who are against the abolition of the 5/20 rules that restricts new airlines from flying overseas. Tata accused his rivals of lobbying and using "monopolistic ...
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UPDATE: AIR FRANCE KLM CONFIRMS 26% STAKE IN MAX
By
Dino D'Amore
19th November 2010