News Headline Summary

India's Jet Airways Ltd (JETIN IN) is the front-runner for an investment by Etihad Airways, according to a senior Indian government source

- Etihad Airways could pay up to USD 330mln for a 24% stake of Jet Airways Ltd.

Reaction details:

- Co. shares opened higher by 3.5% in Mumbai trading, currently trading at INR 608.00 (+4.85%) last.
- India's Kingfisher (KING IN) shares drop 3.3% on worries may fail to attract Etihad investment.

Print 02:40, 03 Jan 2013 - Asian News - Source: Newswires