Friday, November 08, 2013

Jet-Etihad deal may face Air India hurdle

New Delhi: In what may come as another hurdle in finalising the equity deal between Jet Airways and Etihad Airways, Air India is set to tell the Competition Commission of India (CCI) that if the deal goes through, the Jet-Etihad combine will hold a dominant position on the India-Abu Dhabi route.
Sources said Air India will put forward these views in response to comments sought by the CCI before it takes a final call on the deal.
However, Air India’s stance is being questioned by the industry, which says that Etihad’s buyout of Jet will not create any distortion in the market.
In April, before India and the United Arab Emirates enhanced the number of seats that their airlines could operate between the two countries, Air India had a dominant position, operating almost 47 per cent of the seats on the sector.
08/11/13 Business Line
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