GoAir’s Wadia flays delay in aviation FDI

Mumbai: Budget carrier GoAir today said it is optimistic about FDI in aviation but is not sure when the proposal will get the green signal.
“I am optimistic on FDI (foreign direct investment) in aviation… but when it will happen, I can’t tell,” GoAir chief Jeh Wadia told reporters on sidelines of 133rd annual general meeting of the Nusli Wadia-led Bombay Dyeing in Mumbai.
Questioning the inordinate delay on the FDI issue, Wadia said he does not see any reason why overseas players should not be allowed to invest in domestic carriers.
07/08/12 First Post

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Categories: GoAir Aug 2012