Saturday 18 May 2013
 
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Etihad bets on India in pricey Jet Airways deal

Etihad Airways is betting big on India. The ambitious UAE carrier is throwing indebted Jet Airways, the largest publicly-traded airline on the subcontinent, a $600 million lifeline. The deal buys Etihad a 24 per cent stake, contro

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Etihad buys 24pc Jet Airways stake for $379m

Abu Dhabi's Etihad Airways confirmed it had taken a 24 per cent minority stake in India's Jet Airways for $379 million. The Gulf carrier said in an emailed statement it would subscribe to 27.3 million new shares at 754.74 rupe

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Etihad - Jet deal seen delayed until August

  Etihad Airways' purchase of a stake in India's Jet Airways could be delayed until at least August as the Abu Dhabi carrier seeks assurances following setbacks for several Gulf investors in India, two sources familiar wi

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Etihad leases plane from India's Jet

  India's Jet Airways has leased a wide body aircraft along with 60 of its cabin crew to Abu Dhabi-based Etihad Airways, according to a report.   The wet lease comes even as the two airlines con

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India's Jet Airways soars on Etihad deal reports

Shares in India's Jet Airways extended gains to more than 13 per cent on Friday, after CNBC TV18 reported that Abu Dhabi's Etihad Airways may buy a 10-12 per cent stake in the company directly from promoters. Etihad may pa

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Etihad buys Heathrow slots from Jet Aiways

  Abu Dhabi's Etihad Airways paid $70 million to India's Jet Airways to buy three pairs of Jet's slots at London's Heathrow Airport, the Gulf carrier said in a statement on Tuesday.  

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Etihad's pause highlights India risks

  The sudden display of caution by Etihad Airways over taking a stake in Jet Airways is the legacy of a string of failed forays by Gulf investors into India.   Etihad's chairman, who is also hea

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Etihad 'needs to revise Jet Airways deal'

  Etihad Airways needs to revise its deal to buy a stake in India's Jet Airways and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman told Reuters

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Etihad due diligence on India's Jet seen next week

Etihad Airways, the national airline of the UAE, close to a tie-up with India's Jet Airways, expects to complete due diligence on the deal in the next week, its chief executive said on Monday. The Jet deal would be the first f

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Etihad Airways 2012 profit triples

Abu Dhabi's Etihad Airways, which is edging closer to an investment in India's Jet Airways , on Monday said net profit tripled in 2012 as its fast-expanding global network attracted more passengers.

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