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FDI in Aviation Sector

Dated:- 27-7-2015 - 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 .....

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