Ambitious Turkon Line sails into India trades 'dogfight'
Turkey’s Turkon Line is the latest carrier to target trades out of India as its ...
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
Brazil has followed India in lowering the foreign ownership cap on airlines – non-Brazilian companies can now own up to 100% of domestic carriers. But while India removed a 49% cap on foreign investment in airlines, it did not extend that to foreign airlines, which are still restricted to 49%. It did however ease rules to allow domestic carriers to fly to overseas destinations if they deploy 20% of their capacity on local routes.
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