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Jet agrees $379 million stake sale to Etihad Airways

Jet Airways’ board of directors has given its approval for the sale of a 24% stake in the carrier to Abu Dhabi-based Etihad in a $379 million deal that is set to revolutionize the Indian aviation sector. The price agreed by Etihad reportedly represents a premium of more than 30% …

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Etihad buys Jet Airways’ Heathrow slots as talks improve

Etihad Airways has taken over Jet Airways’ slots at London Heathrow airport for $70 million deal as talks continue between the two carriers about a possible take over by the Abu Dhabi-based airlines. The move signals positive developments in the discussions and investors cheered the move after a delayed announcement …

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Etihad close to Jet Airways stake

Abu Dhabi-based Etihad Airways is close to taking a stake in India’s Jet Airways, the Mid-East airline said on Monday after reporting a tripling in profits for last year.   Such a deal would support the Indian carrier’s efforts to woo foreign investors to help cope with fierce competition and …

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