Thursday, June 23, 2016

India Allows Full FDI

Earlier this week, India announced that it will allow businesses in a number of sectors, including airlines,  to be 100 percent foreign-owned, with the caveat that foreign carriers will still not be permitted to own more than 49% of an Indian airline. Foreign investors seeking majority stakes will also have to work around restrictions in air services agreements which typically allow States to deny exercise of traffic rights by carriers with foreign ownership.

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In Brazil, the Chamber has also allowed 100% foreign owned. This decision happened on June, 21st.

Posted by: André Soutelino | Jun 24, 2016 4:28:47 AM

Thank you!

Posted by: AviationLawProf | Jun 24, 2016 11:30:27 AM

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