Aviation industry to grow at 11 pct in medium-term: Icra

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PTI: Mumbai, Feb 17 2013, 15:15 IST
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the turbulent phase, the report said.

These initiatives are likely to help domestic carriers in overcoming the adverse impacts of high oil prices and currency depreciation, the report stated.

According to the report, allowing 49 per cent FDI in domestic carriers could address their funding issues, which have long been facing difficulties.

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