By Adam Rhodes ( January 14, 2019, 7:27 PM EST) -- Emirati airline Etihad Airways plans to raise its stake in beleaguered Indian carrier Jet Airways, according to a report from Reuters early Monday. According to the report, Etihad already holds a nearly one-quarter stake in the airline. The report comes after CNBC-TV18 reported in early November that Indian conglomerate Tata Group was discussing a deal to buy a large portion of Jet Airways and the airline's loyalty program. Reuters' report, which cites a CNBC article, also details that Jet's founder and chairman is expected to resign....
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