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Jet Airways front-runner for Etihad investment

Deal likely in 10 days, says government official
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First Published: Wed, Jan 02 2013. 05 05 PM IST
Etihad Airways, 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 Ltd, an Indian government official had said on 17 December. Photo: Ramesh Pathania/Mint
Etihad Airways, 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 Ltd, an Indian government official had said on 17 December. Photo: Ramesh Pathania/Mint
Updated: Wed, Jan 02 2013. 07 17 PM IST
New Delhi: Jet Airways Ltd 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 Airways, 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 Ltd, an Indian government official had said on 17 December.
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First Published: Wed, Jan 02 2013. 05 05 PM IST
More Topics: Kingfisher | Jet Airways | Etihad | stake | deal |
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