Jet Airways gains over 10 pct on stake sale reports

MUMBAI Mon Nov 26, 2012 9:41am IST

Ground staff guide a Jet Airways aircraft towards a gate on the tarmac at Bengaluru International Airport in Bangalore March 5, 2012. REUTERS/Vivek Prakash/Files

Ground staff guide a Jet Airways aircraft towards a gate on the tarmac at Bengaluru International Airport in Bangalore March 5, 2012.

Credit: Reuters/Vivek Prakash/Files

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MUMBAI (Reuters) - Shares in Jet Airways (JET.NS) rose over 10 percent on reports of a stake sale to Etihad Airways, dealers said.

Shares had gained 50.6 percent in November as of Friday's close after India said it is open to further reforms to lure overseas investors into its airlines. (Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Subhranshu Sahu)

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