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Share Bazaar : IndiGo, SpiceJet questions govt move of 100% FDI in aviation, aviation shares fall

IndiGo, SpiceJet questions govt move of 100% FDI in aviation. Watch the complete news story of Share Bazaar Live to get detailed updates on the stock market, shares and their recent trends, updates on the market!

IndiGo, SpiceJet raise red flag over FDI norms in aviation

IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100 percent foreign ownership by non-airline players in the Indian carriers.

Fliers body seeks more reforms in aviation sector

Fliers body seeks more reforms in aviation sector

The fliers body Air Passengers Association of India (APAI) has called for more radical reforms in the aviation sector, while welcoming the recent passenger-centric initiatives like issuance of e-boarding passes at Hyderabad.

Govt likely to unveil new civil aviation policy next month

With long-drawn consultations now in final stages, the Civil Aviation Ministry expects to come out with the new civil aviation policy next month.

Aviation security market to cross Rs 31K cr by 2015: Assocham

The country's aviation security market is likely to cross Rs 31,000 crore by 2015 from the current level of over Rs 16,000 crore, says a study by industry body Assocham.

'Govt may abolish charges on airlines linking small towns'

In a bid to encourage air connectivity to small towns, Civil Aviation Ministry is considering doing away with airport and navigation charges for airlines operating to such destinations while imposing a cess of about Rs 50 on all domestic flyers to realise the cost.

'Govt looking into foreign airlines' demand of traffic rights'

The Civil Aviation Ministry is evaluating demands by various foreign airlines to enhance bilateral air traffic rights in the wake of a massive hike granted to Abu Dhabi following the Jet-Etihad deal.

Emirates group says it is open to investing in India

With the government actively considering allowing foreign airlines to pick up equity in an Indian carrier, Dubai-based Emirates group today said it was "open" to investing in India.