Wednesday , 18 September 2019
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Tag Archives: Government

Seven key implementation challenges of UDAN the Regional Connectivity Scheme

Tails of Air India and it's old subsidiary Alliance Air.

5 bidders were awarded routes under th;e regional connectivity scheme called UDAN and announced this Thursday. The selected bidders were SpiceJet Alliance Air TruJet Air Odisha Air Deccan These airlines collectively are scheduled to fly 128 RCS routes connecting the North, South, East and West parts of the countries with unserved and underserved cities.  Bangalore Aviation has been looking at …

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India permits 100% foreign investment in airlines and airports

Domestic ramp at Mumbai Chhatrapati Shivaji airport. Photo copyright Devesh Agarwal.

As part of a dramatic overall liberalisation, the Indian government will allow 100% foreign direct investment in domestic airlines. At present the limit is 49%. However, the caveat is that the 49% is automatic approval while the 100% is automatic for non-resident Indians (NRIs) and with government approval for others. Foreign airlines remain limited investing 49% in Indian companies operating …

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