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Jet Airways slumps 7% after Etihad delays stake buy
Shares in Jet Airways India 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.
[caption id="attachment_629075" align="alignleft" width="380"]
Jet shares were down 5.9 percent as of 9.22 am.Reuters[/caption]
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.
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Jet shares were down 5.9 percent as of 9.22 am.
Reuters
First Published:Feb 18, 2013, 11:08:09 IST
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