Jet Airways shares tumble after Etihad chairman says revising deal
Reuters: Mumbai, Feb 18 2013, 10:16 IST
Shares in Jet Airways India Ltd fell as much as 6.8 per cent on Monday after Etihad Airways chairman said the Abu Dhabi-based carrier needs to revise its deal to buy a stake in the Indian carrier.
Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan also said it was too soon to say when a final agreement between the two carriers would be struck.
Jet shares were down 5.9 percent as of 0352 GMT.
Stocks More on Jet Airways
Previous Story Japan stocks rally, yen resumes fall after G20 Next Story Canara Bank to launch new version of gold loan
Reader's Comments| Post a Comment
Be the first to comment.
