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DGCA gives clean chit to AirAsia India

Regulator says commercial agreement with AirAsia Malaysia doesn't violate norms

Arindam Majumder  |  New Delhi 

The Directorate General of Civil Aviation (DGCA) has decided that a commercial agreement between AirAsia India and its Malaysian part-parent, AirAsia Berhad, does not violate the law of the land. The regulator has concluded the nature of the agreement is in full compliance with the Aircraft Rule, 1937, which governs aviation here. And, that no terms or conditions of the Brand Licensing Agreement dilutes the substantial ownership and effective control (SOEC) clauses regarding AirAsia India. The regulator’s view essentially eliminates chances of an adverse court ruling, ...

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First Published: Thu, February 09 2017. 17:43 IST
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