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Etihad, Jet close to clinching deal, top brass meet FM
Ahead of finalising Etihad's deal to acquire 24 percent stake in Jet Airways, top brass of the two carriers today met Finance Minister P Chidambaram here and are understood to have discussed regulatory requirements. #P. Chidambaram #Jet Airways #NewsTracker #Etihad Airways #FDI in Aviation
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Why an alliance with IndiGo is the best bet for any investor
British Airways is in talks with India's biggest carrier, IndiGo, over a ticketing and baggage sharing agreement, a source with direct knowledge of the discussions said on Tuesday. #WhyNow #Aviation #IndiGo #British Airways #FDI in Aviation
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Etihad to finalise deal with Jet on Friday
Abu Dhabi's Etihad Airways will finalise a deal to buy a stake in India's Jet Airways on Friday, CNBC TV18 reported, in what would be the first such investment by a foreign carrier in an Indian airline since rules were relaxed last year. #deal #Jet Airways #NewsTracker #Etihad Airways #FDI in Aviation
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FDI won't come to Indian aviation till high costs prevail: IATA
Foreign airlines would not pick up stake in cash-strapped Indian carriers till steps are taken to stem the high costs of aviation operations in India, IATA chief Tony Tyler has said. #IATA #ExpertView #air fares #FDI in Aviation
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Govt open to further reforms in aviation FDI to lure overseas carriers
India is open to further reforms to lure overseas investors into its airlines, a government source said, after a dearth of interest following changes to investment rules left Kingfisher and others still short of much-needed funds. #Investment #Aviation #airlines #PolicyWatch #FDI in Aviation
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No applicants for FDI in aviation yet, air traffic falling: Ajit Singh
The Minister for Civil Aviation said that he was hopeful that the number of air passengers would rise over the coming months. #NewsTracker #Aviation #Ajit Singh #FDI in Aviation #Airports
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Can Jet, already 80% owned from Isle of Man, seek FDI?
Jet Airways is already majority owned by NRI Naresh Goyal, whose shareholding is held abroad. How will he fit this holding into the 49 percent FDI limit? #M&A #Jet Airways #ToWhatEffect #Naresh Goyal #Civil aviation #FDI in Aviation #Etihad
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Domestic air traffic shrinks, but IndiGo continues to gain
The Indian aviation marketing is contracting under cost pressures, but IndiGo is still making marketshare gains #IndiGo #Civil aviation #Air traffic #FDI in Aviation
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No plans to buy stake in Indian carriers: Emirates
Ailing Kingfisher Airlines is banking on attracting a foreign airline to pump in money. #DealStream #FDI in Aviation #Emirates Airlines