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  Volume: XXIII, Issue No. 17 April 16-30, 2014  
     
 
   
 
   
  AVIATION
  Etihad in talks with Jet, Kingfisher over stake deal
 
 
  Untitled Document
-A Monitor Report
New Delhi : The Indian government has said Abu Dhabi-based Etihad Airways is in the final stages of talks to buy part of either Jet Airways or grounded rival Kingfisher Airline.
"Etihad has not yet decided. They are talking to both," said a government official, declining to be named as the negotiations are confidential.
A deal, which the official said could be announced by next week, would be the first since the Indian government relaxed ownership rules in September to allow foreign airlines to invest up to 49 per cent in a domestic carrier.
   
 
 
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