Jet Airways extends losses on Etihad deal worries

Last Updated: Fri, Feb 22, 2013 05:45 hrs
A newly acquired Jet Airways Boeing 777-300ER aircraft sits on the tarmac at Mumbai airport

Shares in Jet Airways are down 4.6 percent at 10.49 a.m. after earlier falling as much as 5.5 percent on continued concerns about whether the carrier will clinch a stake sale to Abu Dhabi-based carrier Etihad Airways.

Shares in Jet Airways have fallen 9.4 percent this week as of Thursday's close after Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan told Reuters on Sunday it was too soon to say when a final agreement between the two carriers would be struck.

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