Jet shares fall after Etihad chairman says revising deal

The scrip closes down 7.70% at Rs.570.75 a piece
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First Published: Mon, Feb 18 2013. 11 07 AM IST
Etihad chairman Sheikh Hamed bin Zayed al-Nahayan also told Reuters it was too soon to say when a final agreement between the two carriers would be struck. Photo: Priyanka Parashar/Mint
Etihad chairman Sheikh Hamed bin Zayed al-Nahayan also told Reuters it was too soon to say when a final agreement between the two carriers would be struck. Photo: Priyanka Parashar/Mint
Updated: Mon, Feb 18 2013. 05 36 PM IST
Mumbai: Shares in Jet Airways (India) Ltd fell as much as 6.8% to Rs.572.20 on Monday after Etihad Airways chairman said the Abu Dhabi-based carrier needs to revise its deal to buy a stake in the Indian carrier.
Etihad chairman Sheikh Hamed bin Zayed al-Nahayan also told Reuters it was too soon to say when a final agreement between the two carriers would be struck.
Shares of Jet Airways closed down 7.70% at Rs.570.75 a piece on BSE on Monday, while the benchmark index, Sensex, gained 0.17% to 19,501.08 points.
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First Published: Mon, Feb 18 2013. 11 07 AM IST
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