Etihad CEO to visit Mumbai

Chief Executive Officer of Etihad Airways James Hogan is coming to Mumbai on Friday. Confirming the development, sources said it was a personal visit.

Hogan’s visit comes a day after Jet Airways’ annual general meeting to announce its results, which is scheduled to be held in Mumbai on August 8.

Etihad acquired a 24 per cent stake in Jet Airways in April this year for over Rs 2,000 crore. Mumbai is also the headquarters of Jet Airways. The buyout was approved by the Foreign Investment Promotion Board after both the airlines made changes to the shareholders’ agreement to bring it in conformity with Indian laws.

Full report here Business Line


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