New Delhi: The civil aviation ministry is to study the procedures
surrounding bilateral air service agreements, to safeguard India's
interests while inking these pacts.
The ministry might also make it more stringent for foreign airlines to pick up strategic stakes in Indian carriers.
Till the study is concluded, the ministry has decided to "go slow" with negotiations for enhancement of bilateral air traffic rights with all countries. Qatar, Malaysia, Egypt and Singapore, among others, have been vying to increase traffic rights to and from India.
A bilateral air service agreement gives countries more access and more seats.
The review is being done after controversies surrounding the enhanced bilateral entitlements to Abu Dhabi and the consequent sale of 24 per cent stake in Jet Airways to West Asian carrier Etihad Airways last year.
Read news in full 30/07/14 Sharmistha Mukherjee/Business Standard
The ministry might also make it more stringent for foreign airlines to pick up strategic stakes in Indian carriers.
Till the study is concluded, the ministry has decided to "go slow" with negotiations for enhancement of bilateral air traffic rights with all countries. Qatar, Malaysia, Egypt and Singapore, among others, have been vying to increase traffic rights to and from India.
A bilateral air service agreement gives countries more access and more seats.
The review is being done after controversies surrounding the enhanced bilateral entitlements to Abu Dhabi and the consequent sale of 24 per cent stake in Jet Airways to West Asian carrier Etihad Airways last year.
Read news in full 30/07/14 Sharmistha Mukherjee/Business Standard
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