Foreign Airlines

India to examine if foreign airlines can fully own local carriers through investment partners

Under current rules, foreign airlines are still restricted to holding a maximum stake of 49 percent in Indian carriers, but other foreign investors may own up to 100 percent.

SpiceJet may lease replacement fleet to avoid stressing balance sheet

As it continues to negotiate with potential strategic investors for bringing in much needed funds to meet its working capital, it would do well to avoid stressing its balance sheet.