Jet, Etihad talks are on: Ajit Singh
New Delhi: Talks between Jet Airways and the Abu Dhabi based Etihad Airways are on, Civil Aviation Minister Ajit Singh said here, adding that there was no problem in concluding a stake sale deed between the two airlines.
"This is a very good move... that Jet and Etihad are talking about a deal. Our concern is that the aviation sector in India should grow and that the competition should also grow.
I do not see any problem in this deal if they fulfil all the regulatory requirements," Ajit Singh told reporters at his residence after meeting a delegation comprising members of both airlines.
The delegation will meet Commerce Minister Anand Sharma later in the day to brief him about possible foreign capital infusion from the Abu Dhabi based airline into the Indian domestic passenger carrier.
Following a dreadful washout in the four-State Assembly polls, a humbled Congress accepted its defeat and called for a much needed introspection to rethink their strategy ahead of the 2014 Lok Sabha polls.
Date 08-12-13, Duration 2:49, Views 399