Govt. Modifies FDI Norms in Air Transport Services
RBI-Foreign Exchange Department by its Notification no. G.S.R. 1089(E). dated 25th November, 2016 has modified the FDI norms for Air Transport Services as published in the Notification of Reserve Bank of India, Foreign Exchange Department No. FEMA. 362/2016-RB dated February 15, 2016 bearing G.S.R.No. 166(E) in the Official Gazette of Government of India – Extraordinary – Part-II, Section 3, Sub-Section (i).
Foreign Exchange Department No. FEMA. 362/2016-RB dated February 15, 2016 - link
Updated FDI norms of Air Transport Services is available here - link