Airlines FDI investment on hold: Not good for Kingfisher.
NEW DELHI: Security concerns have forced the government to put on hold a proposal allowing foreign airlines to invest in domestic carriers. proposal by the civil aviation ministry to permit foreign airlines to pick up a 25% stake in domestic carriers is currently under the consideration of a committee of secretaries (CoS).
Foreign airlines' FDI bid fails to take off- Policy-Economy-News-The Economic Times
Also Air India opposes Kingfisher to fly Delhi - London route.
Mumbai: State-owned National Aviation Co. of India Ltd (Nacil), which runs flag carrier Air India, has written to the ministry of civil aviation asking it not to allow Kingfisher Airlines Ltd to operate on the New Delhi-London route, said two Nacil executives familiar with the matter.
Delhi-London route: Nacil opposes Kingfisher - Corporate News - livemint.com