For Quick Alerts
For Daily Alerts

Jet stock flies on reports of deal with Etihad


 Jet stock flies on reports of deal with Etihad
Jet Airways India: Quotes, News
BSE 101.40BSE Quote4.8 (4.73%)
NSE 102.50NSE Quote4.85 (4.73%)
Shares of Jet Airways jumped by 5.5 per cent on the BSE, as media reports hinted that the airliner is the front-runner for an investment by Gulf carrier Etihad Airways. The report further added that deal is likely to get completed in ten days.

The shares of Jet Airways were last traded at Rs 612. The stock has been rallying ever since reports have surfaced over a deal with the Abu Dhabi based Etihad Airways.


Kingfisher Airlines has also been linked to a deal with Etihad and it would be a wait and watch to see in which Airline Etihad shows interest.

In any case both the carriers are heavily debt ridden and the aviation sector has not been performing too well. High aviation turbine fuel and cost excalations have effected the performance of most of the domestic airlines.

Read more about: jet airways etihad
Story first published: Thursday, January 3, 2013, 10:11 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X