No differences within govt on Jet-Etihad deal, says PMO


The Prime Minister’s office (PMO) released a statement on Tuesday that sought to downplay reports of differences between senior ministers on Etihad Airways PJSC’s purchase of a stake in Jet Airways (India) Ltd and sought to set the deal apart from India’s bilateral agreement with the UAE increasing seat entitlements on flights between the two countries.

The PMO’s clarification, accompanied by annexures including minutes of meetings and related correspondence, took pains to point out several facts: that approval given to the team negotiating flying rights with the UAE was an “in-principle” one; that the team went ahead and concluded the deal; that a subsequent note to the cabinet secretary from the PMO was not aimed at reversing the decision, but merely to “reflect the sequence of events”.

Full report here Mint

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