UAE's Etihad closer to deal with Jet Airways Etihad Airways is close to taking a stake in Jet Airways, the Abu Dhabi airline said on Monday after reporting a tripling in profits for last year. ...  
01:56 AM, Feb 05, 2013

Etihad due diligence on Jet Airways seen by next week Abu Dhabi's Etihad Airways, close to a tie-up with Jet Airways, expects to complete due diligence on the deal in the next week, the Gulf carrier's chief executive said on Monday. The Jet deal would be the first foreign investment into India's aviation market after the government relaxed ownership rules in September 2012, and allowed foreign carriers to buy up to 49 per cent in domestic carriers. ...  
05:55 PM, Feb 04, 2013