With reference to the news item appearing in a leading financial daily titled "Buzz on Jet-Etihad Deal Gets Louder", Jet Airways (India) Ltd has clarified that "We are aware that recently there has been much speculation in the Press.
The Company however cannot comment on such speculative reports."
Earlier reports stated that the Jet Airways-Etihad deal may be concluded in 45 days.
Jet Airways has been trying to raise funds for new years, saroj Datta,former executive director of Jet Airways (India) Ltd reported.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices