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Aircraft and transport: AirAsia Berhad interested to invest in India, if legislation allows it

Kuala Lumpur, Malesia - "It will be a huge market"

The Indian government is considering the possibility to allow to foreign airlines to create joint-ventures with the local companies, which was forbidden so far: currently the legislation provides that only direct investments can be done in Indian airlines. But the deficit situation the Indian companies are experiencing pushed the government, as admitted recently by the minister for Trade and Industry...

AVIONEWS - World Aeronautical Press Agency - 1141592
Rome, Italy, 06/01/2012 16:34
AVIONEWS - World Aeronautical Press Agency

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