Thursday, April 18, 2013

Etihad to bid for stake in India’s Jet Airways


Dubai: Talks are “still in progress” for Etihad Airways’ potential deal to buy equity in India’s Jet Airways, the Abu Dhabi-based carrier’s chief executive James Hogan yesterday.
Pressed about the time frame on the deal’s progress, Hogan said: “There is never a time frame in business, talks are still in progress. When you’re dealing with governments and bi-laterals, we are in the hands of others. What is important is that talks haven’t stopped. They are still in progress.”
18/04/13 Gulfnews.com
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