FlyerTalk Forums - View Single Post - Jet Airways bankruptcy, rebirth & liquidation
Old Feb 19, 2019 | 9:56 am
  #127  
HMPS
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
30 Countries Visited
All eyes on you!
 
Join Date: Feb 2010
Location: ORD
Programs: US Air, UA BA LH AI DELTA MARRIOTT CHOICE SGP
Posts: 10,031
Originally Posted by PiperAtGatesofDawn


They were looking at it in Oct/Nov ‘18 I think. Tatas also released statements confirming that they were in discussions.


So foreigners can own 100% of an Indian airlines and 49% of a foreign airlines in India. I think they changed this rule late last year.
Don't know the law butin that case wouldn't a major airline pounce on 100 % ?
HMPS is offline