Airline

Jet Airways joins Etihad Airways’ equity alliance

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Jet Airways joins Etihad Airways’ equity alliance

Etihad Airways has bought a 24% stake in Jet Airways for $379 million. The UAE carrier has agreed to subscribe for 27,263,372 new shares in Jet Airways at a price of INR754.74 per share. Etihad Airways' wider overall commitment to Jet Airways includes the injection of US$220 million to create and st...

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