Jet Airways (JAI, Mumbai International) has confirmed that it is holding talks with Etihad Airways (EY, Abu Dhabi International) about an investment of up to 24% in the Indian carrier. According to Indian government sources, Etihad would have offered approximately $330 million USD for the stake. This is the first official statement from Jet or Etihad since rumours about talks had initially emerged back in November 2012.