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Etihad's plan to buy a 24 percent stake in Jet had been delayed by regulators and by concerns from some politicians an April bilateral accord on air services between India and the United Arab Emirates was hurting Indian airlines' interests.
A potential stake purchase would be the first by an overseas operator in an Indian airline since ownership rules were relaxed and provides India's largest carrier with a deep-pocketed global partner as well as cash to pay down debt."
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