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FINANCIAL NEWS
Etihad wins Indias approval to buy Jets USD330m stake
05 Oct 2013
(MENAFN) Indias Aviation Minister Ajit Singh said that Abu Dhabi-based Etihad Airways won the approval of Indias cabinet to buy a stake in Jet Airways worth USD330 million, according to Arabian Business.
Etihad will buy 24 percent stake in Jet as Indias government allowed foreign airlines to buy up to 49 percent of Indian carriers.
The approval is considered as an improvement stop to complete the deal between the two companies as it was delayed before.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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