NEW DELHI A delegation from Abu Dhabi's Etihad Airways will meet Commerce Minister Anand Sharma in the next "couple of days," a government statement quoting the minister said, amid speculation that the Gulf carrier is close to buying a minority stake in Jet Airways (JET.NS).
Etihad is in talks to pick up a 24 percent stake in Jet, India's No. 2 carrier, for up to $330 million, a government source said earlier this month.
The government statement did not give any detail on the scheduled meeting with Etihad.
(Reporting by Anurag Kotoky; Editing by Jijo Jacob)
Trending On Reuters
India's biggest airline, IndiGo, is likely to file the prospectus for a stock market listing that will raise around $400 million later on Tuesday, two banking sources with knowledge of the matter said. Article