Etihad’s Jet Airways Investment Raises Stakes in India
Jet Airways A330s will become a common sight in Abu Dhabi under an expanded alliance with Etihad. (Photo: Airbus)
Jet Airways A330s will become a common sight in Abu Dhabi under an expanded alliance with Etihad. (Photo: Airbus)

Even as AirAsia India prepares to apply for a No Objection Certificate to start domestic operations, Abu Dhabi-based Etihad Airways has invested $379 million in India’s Jet Airways. The outlay gives Etihad a 24-percent share in India’s second largest carrier.

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