Apr 15, 2014 at 19:25 | Source: PTI
The Directorate General of Civil Aviation (DGCA) has stipulated that a scheduled Indian airline cannot enter into an agreement with a foreign investing institution or a foreign airline which could give these foreign entities the right to control the management of the domestic operator.
Apr 09, 2014 at 18:25 | Source: CNBC-TV18
Sebi had earlier given its approval but it took a relook at the entire Jet-Etihad deal based on fair trade watchdog CCIs observation.
Apr 01, 2014 at 19:58 | Source: Moneycontrol.com
The Jet-Etihad deal has become a test case for the merger & acquisition environment in India. The appeal filed against CCI approval to the deal by former Air India E-D Jitendra Bhargava has brought to light an anomaly in the rules... one the CCI has now rectified.
Mar 28, 2014 at 21:15 | Source: PTI
Etihad, which has purchased 24 per cent stake in Jet Airways, has rejected any obligation to make an open offer for minority shareholders, but Sebi is not yet convinced with its justification for the same, sources said.
Mar 27, 2014 at 15:13 | Source: PTI
The tribunal's ruling would come as a relief for Jet and Etihad since the deal has run into various regulatory hurdles.
Mar 27, 2014 at 14:13 | Source: Moneycontrol.com
RBI extended external commercial borrowings (ECB) window for airlines. The central bank has extended the deadline for aviation sector to raise funds through ECBs route till March 2015. The scheme was valid till December 31, 2013.
Mar 27, 2014 at 14:05 | Source: CNBC-TV18
The Competition Appellate Tribunal on Thursday dismissed Jitendra Bhargava's appeal challenging fair trade watchdog CCI's approval for the Rs 2,060 crore Jet-Etihad deal, saying the appellant does not have "locus standi" to file the plea.
Mar 25, 2014 at 13:08 | Source: Moneycontrol.com
Jet Airways (India) has informed that the Board of Directors of Jet Privilege has allotted on March 24, 2014 the 50.1% equity shares to Etihad Airways PJSC and 49.9% equity shares to Jet Airways (India). Post the issue, Jet Privilege ceases to be a subsidiary of Jet Airways.
Mar 19, 2014 at 17:56 | Source: PTI
Some of the airlines where the facility would be available include Emirates, Singapore Airlines, Air India, Etihad Airways, Jet Airways, Oman Air, British Airways and Cathay Pacific.
Mar 13, 2014 at 11:22 | Source: Reuters
Boeing signed a USD 4.4 billion deal with Indian budget airline SpiceJet for the sale of 42 of the 737 MAX jets.