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Etihad delegation to meet Anand Sharma soon

By Reuters

  • 28 Jan 2013
Etihad delegation to meet Anand Sharma soon

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.

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.

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