MARKET EYE-Jet Airways, Kingfisher gain on Etihad talks

Tue Dec 18, 2012 9:55am IST

Related Topics

Stocks

   

* India's Jet Airways Ltd extends gains for a sixth
day, up 1.5 percent, while Kingfisher Airlines Ltd is
up 2.7 percent as Etihad Airways enters in the final stages of
talks to buy a stake in either of them. 
* Buying into Jet is seen as more lucrative for Etihad as the
two carriers already have a code-sharing agreement and could
target the market share of state-owned Air India and Dubai-based
Emirates Airline.  
* But a stake in Kingfisher would be cheaper, analysts say.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Drug Pricing

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Price Cap

Price Cap

India caps prices of 36 more drugs to improve access - govt official.  Full Article 

India-US Diplomacy

India-US Diplomacy

Obama to nominate Indian-American Richard Verma as India ambassador - congressional source.  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage