Abu Dhabi-based Etihad Airways has closed the transaction for picking up 24% equity in India’s Jet Airways. All the requisite Indian regulatory approvals were obtained last week. Etihad president and CEO James Hogan and CFO James Rigney have been appointed to the Jet Airways board. The two airlines will immediately start rolling out strategic collaboration aimed at bringing value to both carriers. In a statement, Jet Airways chairman Naresh Goyal said, “The infusion of ...

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