Emirate airline M&A makes sense, if not quite yet

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Dubai’s Emirates and Abu Dhabi’s Etihad denied merger talks. But higher fuel costs, overlapping networks and Etihad’s woes make it an idea worth considering. Full view ready soon by gfhay aimeedonnellan :

 

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Stalling Jet Airways puts Narendra Modi in a bindTo save the private carrier, India’s premier may have to choose between relaxing foreign ownership rules for Abu Dhabi’s Etihad and letting state banks take a hit. Both options touch the sorest points of Indian finance: it's an awkward dilemma in the run-up to a general election.
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