Etihad Airways has concluded a transaction with Jet Airways to purchase the Indian carrier’s three pairs of Heathrow slots for $70m. The purchase is part of a sale and lease back agreement signed on Turesday, Febr. 26th. Jet Airways will continue to operate flights to London utilising these slots. As previously advised, Etihad Airways continues to progress discussions about further investment in Jet Airways.
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Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada