Is Jet heading the Kingfisher way?

The Jet-Etihad deal seems to be still stuck on the tarmac as all previous irritants are back to haunt it. So far, the Jet Airways management was under the impression that a take-off is on the cards as all hurdles have been cleared except the Sebi nod, which has sought clarifications on who will keep the ultimate control.

There is no doubt that there was something fishy about the deal from the word go. It has been reported that Etihad was willing to play ball after the Indian government agreed to enhance seat entitlement for airlines of both countries to 50,000 from 13,300 a week.

Full report here DNA


Please enter your comment!
Please enter your name here