MARKET EYE-Jet Airways, Kingfisher gain on Etihad talks

Tue Dec 18, 2012 9:55am IST

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* 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.

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