The government’s decision to allow 49 per cent foreign direct investment (FDI) in civil aviation seems to have rekindled interest among foreign carriers in the country’s aviation sector. A few days after the government made the crucial policy announcement, Tony Fernandes, chief executive officer of Air Asia, the largest low-cost carrier in Southeast Asia, said he would visit India this month.

><table width='100%' border=0 cellspacing=0><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 18px; FONT-WEIGHT: bold; COLOR: #0253B7;'>Air Asia CEO to visit India</td></tr><tr><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 11px; FONT-WEIGHT: bold;'>Govt

Air Asia CEO to visit India

Govts FDI in aviation seems to have rekindled interest among foreign carriers in the countrys aviation sector

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