Jet Airways shareholders have approved plans for Etihad Airways to take a major stake in the Indian carrier. At an extraordinary general meeting in Mumbai Friday, the shareholders agreed to allow Abu Dhabi-based Etihad to take a 24% holding in preferential shares. The allotment of the shares is subject to fulfillment of certain conditions, including the approval of India’s Foreign Investment Promotion Board and the nation’s Competition Commission. The two airlines signed ...

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