With Union Cabinet allowing foreign carriers to buy up to 49 per cent in the domestic airline companies, Jet Airways now is in talks with Abu Dhabi's Etihad Airways to sell a minority stake, as mentioned in few media reports.
In 2008, Jet Airways and Etihad inked code-sharing agreement. Etihad, which has been acquiring stakes in airlines across the world, is keen on investing in India. Further, Etihad has also held discussions with officials from Kingfisher and SpiceJet, which are scouting for funds.
Jet Airways currently operates a fleet of 99 aircraft, which include 10 Boeing 777-300 ER aircraft, 11 Airbus A330-200 aircraft, 58 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft.
