Abu Dhabi-based Etihad Airways has closed the transaction for picking up 24% equity in India’s Jet Airways. All the requisite Indian regulatory approvals were obtained last week. Etihad president and CEO James Hogan and CFO James Rigney have been appointed to the Jet Airways board. The two airlines will immediately start rolling out strategic collaboration aimed at bringing value to both carriers. In a statement, Jet Airways chairman Naresh Goyal said, “The infusion of ...

Subscribe to Access this Entire Article

"Etihad concludes Jet Airways deal" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.