Qatar Airways' proposal would be allowed only after proper examination: Aviation secy

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.

Asia

The government today said any proposal by Qatar Airways for FDI would be allowed only after proper examination, said a top government official today.

"In general, we welcome FDI. As far as a specific proposal is concerned that proposal has to follow the approval route... I can not predict that. The government process will examine," aviation Secretary R N Choubey told reporters today in response to whether a foreign airline with an investment partner can own 100 per cent of an air .

The announcement was post the government allowing 100 per cent FDI in aviation sector but did not increase the limit for foreign airlines from the existing 49 per cent.

Source: indiatimes