Air Asia is first in race for FDI in Indian aviation (Daily Bhaskar/India)

September 21, 2012

New Delhi: Ever since the FDI fever took over in India, the news largely has been dominated by the latest economic development primarily. Now, after the retail section garnered attention for reforms, the aviation industry is set to recieve a first dose to refreshment, with Maylaysian low cost airliner Air Asia looking for an Indian partner. Though there are no concrete announcements from the low cost Asian airliner, but the hunt for the Indian partner is indeed underway, and plans forward will be revealed soon by Tony Fernandes, the chairman of Air Asia.

Complete article in daily.bhaskar.com