VENTURE CAPITAL POST

Stocks in airline sector are regaining investors' confidence as crude prices continue to decline. Aviation shares like SpiceJet, Jet Airways, and Interglobe Aviation increased 3% to 6% on Wednesday trading session .

Despite the recent quarterly loss report from Jet Airways, Etihad is still awaiting the completion of the deal.

Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.

The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.

Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities.

The buyout deal between Jet and Etihad Airways got the approval of the Indian government but certain conditions must be observed.

Shares for Jet Airways increased dramatically after speculation of FIPB approval of Jet-Etihad deal surfaced.

Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months.

The Competition Commission of India (CCI) said that it would approve the proposed Jet-Etihad deal provided that the two carriers supply it with enough information.

The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.

Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways.