Airlines and experts pitch for FDI, but will govt relent?
Even as India's private airline carriers lug their debt around, experts say it is probably the best way to pull out the debt ridden carriers from the red and sustain the growth of the sector.
Jet Airways Q4 net loss widens to 4.96 billion rupees
NEW DELHI (Reuters) - Jet Airways, which recently agreed to sell a 24 percent stake to Gulf carrier Etihad, reported a wider quarterly loss, hurt by higher costs.Jet said its net loss was 4.96 billion rupees for its fiscal fourth-quarter ended March, compared with a net loss of 2.98 billion rupees reported a year earlier.Etihad's about $370 million investment in Jet is the first by an overseas ...
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