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September 18, 2012
Foreign Carriers Already Contemplating Moves in Indian Market
Etihad has emerged as a leading candidate to become the first foreign carrier to take advantage of India's newly relaxed FDI rules. Etihad is in discussions to acquire a minority stake in Jet Airways. In related news, a number of LCCs, notably AirAsia, are said to be contemplating investing in Indian startups.September 18, 2012 | Permalink
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