Etihad considering the new FDI rules in India

Following the announcement by the Indian government that it will allow 100% foreign ownership in airlines with prior approval, Etihad Airways has stated that it “will carefully examine the Government of India’s decision made on a revision of the Foreign Direct Investment (FDI) rules in the Civil Aviation Sector.” Etihad owns 24% of Jet Airways, which it acquired in 2013, and it has been suggested by many news outlets that the Gulf carrier may increase its stake to 49% or even further. “Etihad Airways is a committed, long-term partner and investor in India,” the airline said in a statement. “In