Naresh Goyal, promoter of Jet Airways on Wednesday approached the aviation ministry to seek more international routes for his airline.

According to Etihad chairman, it is too soon to say when a final agreement for buying a stake in Jet will be signed.

'The industry has been navigating headwinds from the economic slowdown that led to slump in passenger traffic and spike in operational cost...

Jet Airways, which outperformed mkts in the year by clocking a return of over 200% in the year 2012, has gained almost 11% so far in the ye...

According to sources, Etihad—which Goyal helped set up in 2003—will pick up a 24% stake in Jet Airways for about $330 mn.

Jet Airways is the front-runner for an investment by Gulf carrier Etihad Airways, a senior govt source told Reuters on Wednesday.

Etihad might announce an India investment within the next 10 days, a top civil aviation ministry source said on Wednesday.

Jet Airways is the front-runner for an investment by Gulf carrier Etihad Airways, a govt source said, adding a deal was likely in 10 days.

As Jet and Etihad huddled in talks over the weekend, the Abu Dhabi-based Etihad's decision on its Indian partner has reached a critical sta...

Any Etihad deal would be the first since India in Sept allowed foreign airlines to invest up to 49 per cent in a domestic carrier.

At 09:40 am, Kingfisher was trading 2.4 per cent lower at Rs 17.30. It has hit a low of Rs 16.85 and a high of Rs 17.70 in trade today.

The market is anticipating a deal to be announced soon. Jet Airways emerged as the favourite, soaring 7.29%. Jet has gained 231% since Janu...

Sources within Kingfisher said that there is no finality on the structure of the deal as yet and that decision would depend on Etihad decid...

"We would like to clarify that the company is in discussions with various investors, including Etihad Airways, for equity investments," Kin...

Kingfisher Airlines shares were up 4.96 per cent at Rs 15.67 in morning trading on the Bombay Stock Exchange.

A formal announcement of the deal could come around December 18, the birthday of Kingfisher's flamboyant chairman, Vijay Mallya.

The beleaguered airline owes around Rs 190 crore to the Service Tax Department, of which Rs 127 crore are under litigation.