 "AirAsia India in full compliance with Aircraft Rule 1937: DGCA")
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, which would have put the airline’s future in question and even have led to
