Etihad Airways will finalise a deal to buy a stake in India’s Jet Airways on Friday, according to a TV report. 
CNBC TV18 reported on what would be the first such investment by a foreign carrier in an Indian airline since rules were relaxed last year. A deal may be announced as early as Friday or by the first week of February, the TV channel said, citing unnamed sources.
Etihad could pay up to U$330 million for a 24% stake in Jet Airways, India’s second-biggest carrier, a senior government source said earlier this month.
