Jet Airways shares tumble after Etihad chairman says revising deal

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Shares in Jet Airways India Ltd  fell as much as 6.8 per cent in the opening trade. (Reuters) Shares in Jet Airways India Ltd fell as much as 6.8 per cent in the opening trade. (Reuters)
SummaryShares in Jet Airways India Ltd fell as much as 6.8 per cent in the opening trade.

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.

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