Jet Airways falls on Etihad deal worries
Reuters Market Eye - Shares in Jet Airways Ltd (JET.NS) fall as much as 3.4 percent, hitting their lowest since December 4, on continued concerns about whether the carrier will clinch a deal to sell its stake to Abu Dhabi-based carrier Etihad Airways.
Shares in Jet Airways fell 14.5 percent last week after Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan told Reuters on February 17 that it was too soon to say when a final agreement between the two carriers would be struck.
(Reporting by Abhishek Vishnoi)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious parliament fails to pass them soon, two government officials said on Friday. Full Article