Delhi High court rejects plea seeking stay on AirAsia permit
May 09, 2014
New Delhi, 9 May, 2014
Air Asia will be able to launch its flights in India now as the Delhi High Court has today refused to stay grant of flying license to it. AirAsia India was granted the flying license by DGCA on May 7.
AirAsia India’s CEO Mittu Chandilya had earlier said, “We will be launching flights in about two to three months. We would soon be filing our flight schedules for approval from the DGCA, and after the approval we would seek slots at the different airports.”
BJP leader Subramanian Swamy and Federation of Indian Airlines (FIA) are opposing clearance to the deal on the ground that according to government policy, foreign direct investment (FDI) upto 49 per cent is allowed in existing airlines which are already in operation and not to new or proposed joint ventures.
Tata-SIA Airlines Ltd is a joint venture between Tata and Singapore Airlines and AirAsia India is a joint venture between Tata Sons and Malaysia-based AirAsia.
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