India announced sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country.
Iran and US aerospace giant Boeing have reached an agreement for the purchase of 100 aircraft to renew the country's ageing fleet, the head of Tehran's civil aviation authority announced on Sunday.
Indian Prime Minister Narendra Modi's cabinet approved a new national civil aviation policy on Wednesday, a government source said, sending airline stocks higher.
Aviation safety and security have to be strengthened across the Middle East in view of the continuous growth in the number of passengers, HE the Minister of Transport and Communications Jassim Seif Ahmed al-Sulaiti said.
