FDI in Aviation Sector

The Government has permitted different limits of Foreign Direct Investment for different services in aviation sector. The following Airlines have been granted permission by Foreign Investment Promotion Board (FIPB) to have joint Venture with foreign Airlines:-

 1. Jet Airways with Etihad Airways (foreign airline).

 2. Air Asia (India) Pvt. Ltd is joint venture of three Companies i.e. TATA Sons Ltd, Air Asia Berhad (foreign Airline) and Telestra Tradeplace Pvt. Ltd.

 3. TATA-SIA Airlines Ltd is joint venture of TATA Sons and Singapore Airlines (foreign airlines).

 The above three Airlines are operational at present.

 The Government has issued Aeronautical Information Circular (AIC) 12/2013 on Guidelines for foreign direct investment in aviation sector, which also includes pre-conditions for such investments and the same are available in public domain.

 This information was given by Minister of State for Civil Aviation, Dr. Mahesh Sharma in a written reply to a question in the Lok Sabha today.