CCI to investigate Etihad’s purchase of 24% stake in Jet

Victoria
By Victoria May 10, 2013 13:17

CCI to investigate Etihad’s purchase of 24% stake in Jet

The Competition Commission of India (CCI) is investigating Etihad’s decision to buy 24% stake in Jet Airways for $379 million. The watchdog intends to check to see if this deal will mean Etihad getting substantive control in Jet and, if so, its impact on other airlines.

CCI is also likely to examine proposed AirAsia India, a joint venture between the Malaysian budget carrier and Tata Sons.

Victoria
By Victoria May 10, 2013 13:17
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