Etihad, Jet deal seen within a week
- United Arab Emirates: Saturday, February 02 - 2013 at 05:22
India's Jet Airways has said a stake sale deal with Abu Dhabi's Etihad Airways is expected to be finalised in a week or so, Reuters has reported. The civil aviation minister Ajit Singh confirmed on Thursday, after meeting the top executives of the two airlines, that Etihad was in talks with Jet for a potential investment in the carrier. "The government's role is to make sure that whatever agreement they come to is within the regulatory framework," Singh told reporters after the meeting, declining to give details of the deal.
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