Top brass of Etihad, Jet meet Chidambaram
February 01, 2013  15:09
Ahead of finalising Etihad's deal to acquire 24 per cent stake in Jet Airways, top brass of the two carriers today met Finance Minister P Chidambaram here and are understood to have discussed regulatory requirements.


"I am happy and satisfied. I will speak to you at the right time," Jet promoter Naresh Goyal told reporters after he and Etihad President and CEO James Hogan met Chidambaram at the North Block headquarters of the Finance Ministry.

The two airlines are likely to clinch the deal soon and apply for approval of the stake sale deal to the Foreign Investment Promotion Board of the finance ministry. Speculation is rife that the deal would be firmed up in the next ten days.
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