Jet Shares Fall after Etihad Chairman says Revising Deal

By ambrosia sabrina | February 18, 2013 5:13 AM GMT

  • FOLLOW IBT: YOUR ONE-STOP NEWS SITE
  • Google Plus

Shares in Jet Airways India Ltd(JET.NS) 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.

Share article

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 9.22 am.

Copyright 2012 Thomson Reuters. All rights reserved.
Join the Conversation
Virgin Galactic SpaceShipTwo Completes Powered Flight
READ MORE
Shell petrol station

Oil Price Rigging: Big Traders to Help EU Probe

Apple Tax Avoidance

Irish Government 'not to Blame' for Apple's Tax Dodge [VIDEO]

Hacking

Cyber Crime Costs Small Businesses £785m a Year

Work Programme

Iain Duncan Smith's Work Programme 'Failing the Vulnerable'

Vodafone

Vodafone: £6bn Wiped off Profits amid European Turmoil [VIDEO]

Obama

Obama Approval Rating Strong Despite Benghazi Consular Deaths, IRS and AP Scandals

Marks & Spencer

Mark Bolland's Future Uncertain as Marks & Spencer Profits Fall for Second Year

Gandhi

Gandhi’s Blood and Sandals to be Auctioned in Shropshire Sale

World
Indian Police Arrest A Suspect in The Mumbai Terror Attacks Probe

Featured Videos