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India defers decision on Jet-Etihad dealIndia's Foreign Investment Promotion Board (FIPB) has deferred a decision on Gulf carrier Etihad Airways' planned 24 per cent stake buy in Jet Airways , the country's economic affairs secretary said. The board has soug More… |
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Jet Airways posts $89m quarterly lossIndia's Jet Airways and its smaller rival SpiceJet has reported quarterly losses as fare increases were not sufficient to cover high costs of operations. Jet, controlled by Indian businessman Naresh Goyal, said its net loss wi More… |
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Jet Airways shareholders approve Etihad dealShareholders in India's Jet Airways approved an agreed sale of a 24 per cent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on Friday. Jet Airways, however, deferred seeki More… |
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Etihad bets on India in pricey Jet Airways dealEtihad Airways is betting big on India. The ambitious UAE carrier is throwing indebted Jet Airways, the largest publicly-traded airline on the subcontinent, a $600 million lifeline. The deal buys Etihad a 24 per cent stake, contro More… |
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Etihad buys 24pc Jet Airways stake for $379mAbu Dhabi's Etihad Airways confirmed it had taken a 24 per cent minority stake in India's Jet Airways for $379 million. The Gulf carrier said in an emailed statement it would subscribe to 27.3 million new shares at 754.74 rupe More… |
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Etihad - Jet deal seen delayed until AugustEtihad Airways' purchase of a stake in India's Jet Airways could be delayed until at least August as the Abu Dhabi carrier seeks assurances following setbacks for several Gulf investors in India, two sources familiar wi More… |
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Etihad leases plane from India's JetIndia's Jet Airways has leased a wide body aircraft along with 60 of its cabin crew to Abu Dhabi-based Etihad Airways, according to a report. The wet lease comes even as the two airlines con More… |
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India's Jet Airways soars on Etihad deal reportsShares in India's Jet Airways extended gains to more than 13 per cent on Friday, after CNBC TV18 reported that Abu Dhabi's Etihad Airways may buy a 10-12 per cent stake in the company directly from promoters. Etihad may pa More… |
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Etihad buys Heathrow slots from Jet AiwaysAbu Dhabi's Etihad Airways paid $70 million to India's Jet Airways to buy three pairs of Jet's slots at London's Heathrow Airport, the Gulf carrier said in a statement on Tuesday. More… |
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Etihad's pause highlights India risksThe sudden display of caution by Etihad Airways over taking a stake in Jet Airways is the legacy of a string of failed forays by Gulf investors into India. Etihad's chairman, who is also hea More… |
