Etihad, Jet to finalise stake-sale deal soon
fe Bureau: New Delhi, Jan 23 2013, 01:16 IST
airlines is seen to be mutually beneficial to both. While Etihad will get to tap into Jet’s domestic presence to tap into the Indian market, Jet will be able to bring down debt from the cash infusion as well as expand globally along side Etihad.
Sources added that Jet is likely to make an additional hub at Abu Dhabi for international operations. The two airlines already have a codeshare agreement and most of Jet’s international capacity is directed to the Gulf region.
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