Despite various setbacks, Jet Airways says the deal with Abu Dhabi-based Etihad Airways is in its final stages, with the necessary financial and regulatory approvals likely to be completed within the next few months. In April, Jet Airways sold a 24% stake to Etihad Airways. The Middle Eastern carrier will subscribe to 27.3 million new shares of Jet Airways at 754.74 rupees ($13.92) per share. As part of the agreement, which was approved by Jet’s board of directors, the majority ...
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