Wednesday, January 16, 2013

Etihad Close to Buying Minority Stake in Jet Airways

It appears Etihad will become the first foreign airline to own a minority stake in an Indian carrier. This was made possible by India's recent relaxation of restrictions on foreign direct investment. The report indicates that Etihad will have the option to "scale up" its purchase, though foreign airlines are still prohibited from owning a majority share in Indian carriers.

http://lawprofessors.typepad.com/aviation/2013/01/etihad-close-to-buying-minority-stake-in-jet-airways.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef017ee7844aac970d

Listed below are links to weblogs that reference Etihad Close to Buying Minority Stake in Jet Airways:

Comments

Post a comment