Jet Airways (JAI, Mumbai International) has confirmed that it is holding talks with Etihad Airways (EY, Abu Dhabi International) about an investment of up to 24% in the Indian carrier. According to Indian government sources, Etihad would have offered approximately $330 million USD for the stake. This is the first official statement from Jet or Etihad since rumours about talks had initially emerged back in November 2012.
Jet Airways confirms Etihad investment talks
Jet Airways Boeing 777-300ER,
© Jet Airways