Foreign airliners may get to pick stake in cargo operations

A proposal to hike FDI cap in helicopter and sea-plane operations, MRO facilities, charters, air-cargo and non-scheduled air operations has been moved by the civil aviation ministry for the Union Cabinet’s consideration. “We have moved a Cabinet note proposing hiking FDI cap in different areas of the aviation sector to expand the air connectivity across the country,” civil aviation minister Praful Patel told reporters here.

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