Qatar Airways awaits clarity on FDI before India venture
Qatar Airways will wait for another 12 months to see if the rules relating to foreign direct investment in airlines become more favourable, only then will the airline launch a subsidiary in the country, group CE Al Baker said Tuesday. He termed the current FDI rules in the aviation sector as “ambiguous”. “What we are given to understand is that a foreign airline cannot own 100% but a foreigner can. I don’t know what is the difference between a foreigner and an airline,” he said. Al Baker’s comment comes 3 months after he had first said that the carrier would soon be moving an application to launch a full-service airline in India for domestic operations. He said if Qatar Investment Authority (QIA) owns 51% and Qatar Airways has 49% in an airline that is not allowed. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-09-05/oneworld/qatar-airways-awaits-clarity-on-fdi-before-india-venture
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Qatar Airways awaits clarity on FDI before India venture
Qatar Airways will wait for another 12 months to see if the rules relating to foreign direct investment in airlines become more favourable, only then will the airline launch a subsidiary in the country, group CE Al Baker said Tuesday. He termed the current FDI rules in the aviation sector as “ambiguous”. “What we are given to understand is that a foreign airline cannot own 100% but a foreigner can. I don’t know what is the difference between a foreigner and an airline,” he said. Al Baker’s comment comes 3 months after he had first said that the carrier would soon be moving an application to launch a full-service airline in India for domestic operations. He said if Qatar Investment Authority (QIA) owns 51% and Qatar Airways has 49% in an airline that is not allowed. <br/>
