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Etihad delegation to meet Anand Sharma soon
January 28, 2013 / 8:19 AM / 5 years ago

Etihad delegation to meet Anand Sharma soon

NEW DELHI (Reuters) - 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).

Trade Minister Anand Sharma delivers a speech during an EU-India Business Summit at the Egmont Palace in Brussels December 10, 2010. REUTERS/Francois Lenoir/Files

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

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