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Etihad Airways-Jet Airways move ahead with strategic alliance

Abu Dhabi, UAE - Following final approvals

Etihad Airways (EA), the national carrier of the United Arab Emirates and Jet Airways (JA) yesterday announced that the airlines closed the transaction for the subscription of a 24 per cent equity stake by Etihad Airways in JA. All requisite Indian regulatory approvals had been obtained by November 12, 2013. JA has, on November 20, 2013, issued and allotted 27,263,372 equity shares of a face value...

fra/pec - 1156657

AVIONEWS - World Aeronautical Press Agency
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