The Chinese government has effectively banned Chinese airlines from participating in the European Union's Emissions Trading Scheme, which was extended on January 1, 2012 to flights using EU airspace.
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French aircraft manufacturer Dassault Aviation has been selected to begin exclusive
negotiations to supply the Indian air force with 126 Rafale jet fighters, having
beaten off a rival offer from a European consortium including leading aircraft manufacturer
EADS - the parent company of Airbus, and UK manufacturer BAE Systems.
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Changes to India's tax policy on the aviation sector are paramount to securing
the massive investment required to establish India as one of the top five civil
aviation markets in the world, which is the government's goal.
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