Friday, June 12, 2015

Etihad invested in Jet Airways for 40 million Indian travellers

MIAMI: Etihad Airways invested nearly Rs 2,000 crores in Jet AirwaysBSE -2.16 % aimed at cornering a large share of the 40 million Indians travelling abroad every year, the Gulf carrier's CEO James Hogan has said.
"One of the reasons we invested in Jet Airways market internationally 40 million people travel each year. For us we are the smallest of the three Gulf carriers and remain the smallest of the three Gulf carriers," Hogan said during a panel discussion as part of the IATA's 71st Annual General Meeting here this week.
11/06/15 PTI/The Economic Times
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