Review of the policy on Foreign Direct Investment in the Civil Aviation sector

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....Air Transport Services, helicopter and seaplane services. (b) No foreign airlines would be allowed to participate directly or indirectly in the equity of an Air Transport Undertaking engaged in operating Scheduled and Non-Scheduled Air Transport Services except Cargo airlines. (c) Foreign airlines are allowed to participate in the equity of companies operating Cargo airlines, helicopter and seaplane services.   (l) Scheduled Air Transport Service/Domestic Scheduled Passenger Airline 49% FDI (100% for NRIs) Automatic   (2) Non-Scheduled Air Transport Service 74% FDI (100% for NRls) Automatic up to 49% Government route beyond 49% and up to 74%   (3) Helicopter services/seaplane services requi....

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....m the relevant authority in the Ministry of Civil Aviation. 2.3 The above revised policy is not applicable to Air India. 3.0 Amendment to paragraph 6.2.9.3: 3.1 Accordingly, paragraph 6.2.9.3 of 'Circular 1 of 2012-Consolidated FDI Policy', effective from April 10,2012, is amended, as below: 6.2.9.3 Air Transport Services   (1) Scheduled Air Transport Service/Domestic Scheduled Passenger Airline 49% FDI (100% for NRIs) Automatic   (2) Non-Scheduled Air Transport Service 74% FDI (l00% for NRIs) Automatic up to 49% Government route beyond 49% and up to 74%   (3) Helicopter services/seaplane services requiring DGCA approval 100% Automatic 6.2.9.3.1 Other conditions: &nb....