Friday, 7 December 2012

How Etihad Could Help Jet - India Real Time - WSJ

When Etihad Airways began its operations in November 2003 Jet Airways (India) Ltd. 532617.BY -1.15% was part of a start-up team that helped set up the Abu Dhabi-based airline. This included Jet helping train Etihad’s cabin crew.

At the time, Jet was a decade old.

Now, it may be Etihad’s turn to help Jet out. Etihad is in talks with Jet to buy a stake in the Mumbai-based airline, an official from India’s civil aviation ministry said last month.

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