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Jet Airways: flying high
Shares in Jet Airways, the Indian airline, soared by up to 15 per cent on Friday amid speculation that the company is about to announce a tie-up with a foreign carrier. Although Jet denied that it had...
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India: Jet and Spice in talks – official
Shares in Jet Airways and SpiceJet soared on Monday by nearly a fifth after an Indian government official confirmed the worst-kept secret in Mumbai – the two carriers are in talks with potential...
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Indian airlines: low cost carriers expanding
It turns out cheap is, indeed, cheerful where Indian airlines are concerned. According to a new global ranking, low-cost carriers IndiGo and SpiceJet expanded capacity by 34.6 per cent and 16 per cent...
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Jet-Etihad deal: too good to be true?
Abu Dhabi’s Etihad Airways appears to have developed a taste for Indian airlines. Just last month, there were rumours that the state-owned airline was considering investing in Vijay Mallya’s grounded...
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Jet-Etihad deal: Air India the loser
After months in the pipeline, a deal has finally been announced between India’s Jet Airways and Etihad. The UAE’s national carrier will pay Rs754.74 per share for a 24 per cent stake in Jet, valuing...
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Jet shares wobble on deal delay
Shares in Jet Airways dipped more than 12 per cent on Monday morning on Friday’s decision by India’s Foreign Investment Promotion Board (FIPB) to defer approving Etihad Airways’ plan to buy a stake in...
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Jet-Etihad: getting political
The proposed investment by Abu Dhabi’s state carrier, Etihad Airways, into the Indian airline, Jet Airways, has faced several roadblocks. First, the problem was regulatory approvals. And now there are...
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India’s Jet Airways stalled by USD and GDP
Shares in Jet Airways fell as much as 6.4 per cent on Thursday morning before making a partial recovery, after the group reported its worst quarterly figures on record, according to Thomson Reuters....
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