Jet Airways India ( BOM:532617) is the best of them all, and is down 3.5%.

FORBES: In India, Never Invest In Anything That Flies

Etihad Airways of the United Arab Emirates in April agreed to purchase a 24% stake in India-based Jet Airways (India) Ltd.

WSJ: India Moving to Reduce Airport Fees

MUMBAI Indian billionaire Naresh Goyal will initiate a complex transaction in the coming days to sell about 24% in India's leading carrier Jet Airways (India) Ltd.

WSJ: Jet Airways Founder to Take Step for Etihad Deal

MUMBAI--Indian billionaire Naresh Goyal will initiate a complex transaction this week or early next week to sell around 24% in India's leading carrier Jet Airways (India) Ltd.

WSJ: Jet Airways Founder to Take Step for Etihad Deal

And last week, Abu Dhabi-based airline Etihad Airways agreed to buy 24% of Jet Airways (India) Ltd.

WSJ: Consumers in India Are an M&A Target

The fresh funding is good news for the airline whose shares--like those of rivals--Jet Airways (India) Ltd. and Kingfisher Airlines Ltd.

WSJ: Maran to Buy Additional 5% Stake in SpiceJet

Founder of Jet Airways, India's biggest domestic airline.

FORBES: Magazine Article

Etihad Airways is to take a 24% stake in India's budget carrier, Jet Airways.

BBC: Etihad Airways to take 24% stake in India's Jet Airways

Earlier this month, India's Jet Airways had to cancel hundreds of flights after pilots struck work over the sacking of two of their colleagues in August.

CNN: HR manager beaten to death by angry workers

Mr Hogan confirmed to the BBC that his airline was "evaluating" whether to take a stake in India's second largest carrier, Jet Airways, following the Indian government's relaxation of rules governing foreign direct investment.

BBC: Etihad Airways sees profits triple