Investment hope for Indian airlines (Financial Times – UK)
January 13, 2012
Shares of India’s ailing airlines rose sharply on Wednesday after a government panel recommended that foreign carriers such as British Airways and Singapore Airlines should be allowed to take a stake of up to 49 per cent in local operators.
The entry of foreign airlines, which are currently not allowed to make any investments in India, could provide a vital lifeline to the country’s cash-strapped carriers, analysts said.
Complet article in the Financial Times: ft.com