December 18, 2012 / 4:27 AM / 5 years ago

MARKET EYE-Jet Airways, Kingfisher gain on Etihad talks

* 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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below