Thursday, May 22, 2014

AirAsia under PMO scanne'r

New Delhi: Just days ahead of the swearing-in of the new BJP-led NDA government at the Centre, the Prime Minister’s Office (PMO) has asked the civil aviation ministry to furnish all documentation regarding the issue of Substantial Ownership and Effective Control (SOEC) of start-up carrier AirAsia India which recently received clearances to operate in India.
The PMO also wants information on who made the decisions on the issue of SOEC in the matter and the civil aviation ministry is expected to furnish the grounds on which the decisions were made regarding permission granted to the new airline to operate.
The PMO’s move comes after certain reservations expressed by BJP leader Subramanian Swamy on the matter.
Start-up carrier AirAsia India — a joint venture between Malaysia-based low-cost carrier AirAsia, Tata Sons Ltd and Arun Bhatia of Telestra Tradeplace Private Limited — recently got the licence from aviation regulator DGCA to operate in India.
21/05/14 Sridhar Kumaraswami/Deccan Chronicle
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