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FINANCIAL NEWS
Jet Airways’ shareholders Okay 24%-stake sale to Etihad
25 May 2013
(MENAFN) Jet Airways announced that its shareholders okayed the 24-percent stake sale to Etihad Airways, reported Arabian Business.
Last month, the Abu Dhabi-based carrier announced that it will buy the stake in the Indian airline for USD370 million.
According to Jet Airways’ secretary, Arun Kanak, the airline postponed seeking shareholder endorsement for a new set of Articles of Association until it receives regulatory clarity.
It is worth noting that Etihad is the first foreign carrier to make an investment in an Indian airline.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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