Thursday, August 23, 2012

Outlook Worsens for FDI in India

The long-running saga over whether the Indian government will relax rules surrounding foreign direct investment in Indian airlines took another turn this week as a leader of an important political coalition expressed opposition to the proposal. 

August 23, 2012 | Permalink | Comments (0) | TrackBack (0)

Wednesday, August 22, 2012

German Court Rules Passengers Not Entitled to Compensation for Flights Canceled Because of Strike

EU rules require airlines to compensate passengers for canceled flights unless the cancellation results from "exceptional circumstances." Germany's Federal Court of Justice has just ruled that a worker strike qualifies as "exceptional circumstances." (via Wall Street Journal).

August 22, 2012 | Permalink | Comments (0) | TrackBack (0)

Tuesday, August 21, 2012

Japan Considering Paring Back Safety Regulations

Not what one typically thinks of when one hears the term "deregulation." Details here.

August 21, 2012 | Permalink | Comments (0) | TrackBack (0)