Jet falls on worries Etihad stake sale may be delayed

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Reuters MUMBAI
Last Updated : Apr 11 2013 | 11:40 AM IST

MUMBAI (Reuters) - Shares of Jet Airways dropped as much as 5.8 percent on Thursday after Reuters reported a stake sale to Abu Dhabi's Etihad Airways could be delayed until at least August, two dealers said.

The delay could come as Etihad is seeking assurances following setbacks for several Gulf investors in India, two sources familiar with the talks told Reuters.

Jet shares were down 3.15 percent as of 11:24 a.m.

(Reporting by Rafael Nam; Editing by Anupama Dwivedi)

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First Published: Apr 11 2013 | 11:24 AM IST

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