Farnair Switzerland (Basel/Mulhouse/Freiburg, CH) has asked the Indian government for approval to increase its minority stake in cargo carrier Quikjet Airlines (QO, Bangalore International) in which it currently holds a 36.2% stake. It already is the largest shareholder in Quikjet but wants to further increase its stake. Foreign investors are now allowed to own up to 74% in Indian cargo carriers. Quikjet currently operates ATR 72-200(F) VT-FQA (c/n 313) on dry lease from Farnair Switzerland.