Etihad’s Jet Airways stake deal faces Indian court challenge | The National:
"Etihad Airways’ stake purchase deal with Jet Airways has been challenged in a petition filed to India’s supreme court.
Subramanian Swamy, a senior politician in the Bharatiya Janata Party, India’s main opposition party, has demanded an investigation into the circumstances of the agreement, alleging that there have been “fraudulent, deceptive and corrupt acts by the authorities representing the government of India”.
The petition alleges that the deal was unfairly linked to an increase in capacity rights in a bilateral agreement between India and Abu Dhabi. The Indian government this month approved an increase in the seat capacity between Abu Dhabi and India to 50,000 a week by 2015 from 13,300 a week now"
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