ibnlive » Business

Ajit Singh to send note to Cabinet on Jet-Etihad deal, airlines reworking agreement: Sources


Pallavi Ghosh,CNN-IBN
Jul 08, 2013 at 06:02pm IST

New Delhi: Civil Aviation Minister Ajit Singh is all set to send a note to the Cabinet on the India-Abu Dhabi bilateral Jet-Etihad deal. The Prime Minister's Office had written a note to the Civil Aviation Minister in June to get the seat sharing deal approved by the Cabinet.

Several complaints by MPs like Jaswant Singh, Dinesh Trivedi and Subramanian Swamy followed saying the seat sharing pact is loaded in Etihad's favour. Sources are now saying that Jet Airways and Etihad are reworking the agreement to address concerns raised by the Civil Aviation Ministry, FIPB and SEBI.

ALSO SEE Govt split over Jet-Etihad deal, Jet stock plunges

The deal between Jet Airways and Abu Dhabi-based Etihad had hit a fresh roadblock with the Prime Minister's Office asking Civil Aviation Ministry to allay concerns over the deal. The PMO is wary of being dragged into another 2G-like controversy, more so since the number of bilateral weekly seats between Abu Dhabi and Delhi were dramatically increased from 13,330 to 36,370 just before deal.

Latest

More from this section