Wednesday, 2 January 2013

Jet Airways Front-Runner For Etihad Investment

India's Jet Airways is the front-runner for an investment by Gulf carrier Etihad Airways, a senior Indian government source told reporters on Wednesday, adding a deal was likely in 10 days.
Etihad, seeking to widen operations in India and other Asian markets, is in the final stages of talks to buy part of either Jet Airways or grounded rival Kingfisher Airlines, an Indian government official had said on December 17.

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