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.

Civil Aviation Ministry working on new policy

The Civil Aviation Ministry has started working overtime to formulate a new policy to cater to the latest concerns of the aviation industry, especially issues relating to its sustainability like jet fuel pricing, infrastructure, airfare pricing, safety and security.

Global airlines wary of picking up stakes in Indian carriers

Several major international airlines seem to be wary of picking up stakes in the loss-making Indian carriers at this stage, even as the government plans to take steps to allow them to do so.