FDI
Although a welcome policy change for KFA, I don't think FDI is going to solve our problems. Sure, there'll be some interest due to the hype generated but if a foreign airline decides to invest, it is only logical that they must have an incentive to invest without a controlling stake.
Why will they do this?
The GOI instead has to take other steps to let aviation make make some money so that it is a profitable industry to invest in. There are already several expert opinions on what steps are required so not going to go into that.
In any case, aviation is a golden goose for the GOI with almost no policy framework, so they can pretty much eat all the cash they want without being obligated to re-invest it into the industry infrastructure.
Last edited by radical_100; 7th May 2012 at 02:31.
Reason: grammatical changes