Etihad Airways has inked a memorandum of understanding with the Serbian government, paving the way for it to take a stake in JAT Airways. Details of the MOU were released by Etihad CEO James Hogan and JAT Airways Velibor Vukasinovic during a media conference in Belgrade on Monday afternoon. Etihad said it will now “advance discussions” about an equity investment and much deeper strategic commercial partnership with JAT. “An investment decision would depend on the ...

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