India: Etihad plans to raise its stake in Jet Airways to 49% from 24%

India: Etihad plans to raise its stake in Jet Airways to 49% from 24%

Image sourced from the Etihad Airways website

UAE-based Etihad Airways, is likely to raise its stake in Jet Airways from 24 per cent to 49 per cent, which is maximum limit that foreign can own in domestic scheduled passenger airline, according to a report in The Financial Express.

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