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Jet Airways: Etihad next to take over 49% of the carrier
First step towards the acquisition of the majority
Jet Airways would be dealing with its creditors so as to solve the problems related to the debt, also because Etihad Airways seem intent on increasing the shareholding to 49%. According to "CNBC-TV 18" the carrier of Abu Dhabi would have offered 35 million dollars to save from the bankruptcy the Indian airline which is in serious financial difficulties, also because the problem would be more serious...
AVIONEWS - World Aeronautical Press Agency