Jet Airways extends losses on Etihad deal worries

Fri Feb 22, 2013 10:55am IST

A Jet Airways passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad February 1, 2013. REUTERS/Amit Dave/Files

A Jet Airways passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad February 1, 2013.

Credit: Reuters/Amit Dave/Files

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Reuters Market Eye - Shares in Jet Airways(JET.NS) are down 4.6 percent at 10.49 a.m. after earlier falling as much as 5.5 percent on continued concerns about whether the carrier will clinch a stake sale to Abu Dhabi-based carrier Etihad Airways.

Shares in Jet Airways have fallen 9.4 percent this week as of Thursday's close after Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan told Reuters on Sunday it was too soon to say when a final agreement between the two carriers would be struck.

(Reporting by Abhishek Vishnoi)

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