January 16, 2013
Etihad Close to Buying Minority Stake in Jet AirwaysIt 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.
January 16, 2013 | Permalink
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