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Aircraft and finance. Etihad to buy 5% of Jet Airways by Friday

New Delhi, India - The initial stake will progressively increase to 24%

By Friday 21 December 2012 Etihad Airways could acquire a 5% stake in Jet Airways, the first Indian airline in terms of passengers carried, becoming therefore the first foreign carrier to enter in a company of the South-Asian country since the recent opening of the local government to investments of foreign airlines into Indian carriers, with a stake up to 49%: a report on "NDTV Profit" communicates...

AVIONEWS - World Aeronautical Press Agency - 1148324

AVIONEWS - World Aeronautical Press Agency
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