CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Default / Miscellaneous

India's Jet shares fall after Etihad chairman says revising deal

Published: 18 Feb 2013 - 08:34 am | Last Updated: 04 Feb 2022 - 03:13 pm

MUMBAI: Shares in Jet Airways India Ltd fell as much as 6.8 percent 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 told Reuters 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. (Reuters)