Jet-Etihad investment talks confirmed

No agreement has been reached yet

Bombay Stock Exchange commercial discussions Etihad Airways Indian regulatory requirements Jet Airways legal

After prolonged speculation in the media, Jet Airways confirmed that it was in discussions with Etihad Airways to take a stake in the Indian carrier. The confirmation came in a regulatory filing with the Bombay Stock Exchange where Jet mentioned that its talks “regarding a potential investment” by Etihad had begun.

The Naresh Goyal-led Mumbai-based airline, however, also pointed out that no agreement had been reached. “Various structures are being explored by the legal and commercial teams and care being taken to ensure that all the Indian regulatory requirements are fully complied with”, a statement from Jet mentioned.