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India; Indian law; domestic law; Asia; aviation; foreign investment; FDI; regime; airline industry; foreign ownership; airlines; liberalization; reform; foreign ownership restrictions; Jet Airways; AirAsia India; Vistara; nationality; non-airline investors; NRIs; state-owned; incumbent airlines; lobbying; SOEC; ATLA; PPB; ASAs; community carrier; ownership; control; bilateral agreements; regulatory problems; policy; transport; transportation
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Full-Text Articles in Administrative Law
Against Aviation Orthodoxy: India's Foreign Investment Regime For The Airline Industry, Jae Woon Lee, Umakanth Varottil
Against Aviation Orthodoxy: India's Foreign Investment Regime For The Airline Industry, Jae Woon Lee, Umakanth Varottil
Brooklyn Journal of International Law
The foreign investment regime governing the airline industry has been the subject matter of considerable debate. Our goal in this article is to supplement the literature by embarking on an analysis of the foreign investment regime in India and to cautiously suggest that India’s new regulatory reforms could be a harbinger for other states. A study of the foreign investment regime in the airline industry in India is both interesting and timely, for at least two reasons. First, India has nearly everything that bodes well for the growth of an aviation market, and it is one of the fastest growing …