Etihad Airways approaches Reliance Group on Air India: report

Etihad Airways reportedly approached Reliance Group regarding potential interest in partnering for a stake in Air India (Business Standard, 13-Apr-2018). Etihad is reportedly in the process of seeking partners in major Indian corporate groups for a potential bid as part of a consortium. British Airways, Lufthansa and Singapore Airlines have also been named as potential parties which are evaluating investment prospects in Air India and looking for suitable partnership for the investment.