Thursday, October 31, 2013

Delhi court rejects bid to halt AirAsia India's registration process

AirAsia Indiacan now go ahead and seek an airline operator's permit from the Indian aviation regulator after a Delhi High Court rejected a motion by the leader of the BJP party, Subramanian Swamy, to halt the process of granting the start-up its regulatory approvals. A second hearing is however scheduled for December 11. 

India's LiveMint reports that in the hearing on Wednesday, Swamy alleged that the government had accelerated the regulatory approval process for AirAsia and other such proposals to start airlines, despite the matter being heard in the court.
He said that he has not challenged the policy decision of the government but only its implementation. The government opposed an interim stay on the process thereby allowing the airline to proceed with its last remaining statutory approvals. AirAsia India is owned by AirAsia (AK, Kuala Lumpur Int'l) (49%), Tata Sons (30%), and Arun Bhatia’s Telestra Tradeplace (21%).

Swamy had also sought to block approval for Tata Group's joint venture with Singapore Airlines (SQ, Singapore Changi), Tata SIA Airlines Ltd.

Source: CH-Aviation

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