Policy turbulence on AirAsia’s flight path

It should have emerged as an example of the investor-friendliness of Indian Government. It should have signalled a boost for the aviation sector. But all such hopes may come crashing down, if recent developments over the AirAsia proposal are any indication. This is the first FDI proposal to come India’s way after the rules were changed to allow foreign airlines to invest in domestic carriers. However, it has only given rise to bickering between the ministries concerned.

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