Etihad-Jet Airways strategic alliance

On 20 November 2013, Etihad Airways and Jet Airways concluded the transaction for the subscription of a 24 per cent minority equity stake in Jet Airways, India’s premier international airline. This follows all government and regulatory approvals being received on 12 November 2013.

India is one of the largest and fastest-growing markets in the world and a key part of the Etihad Airways growth strategy. Through this association, Etihad Airways and Jet Airways will both be strengthened, as will the economies of India and the UAE. By linking our two networks and adding new flights, new routes and more codeshare options, travel to, from and within India will become much easier.

The infusion of foreign direct investment in the Indian aviation sector will result in economies of scale, grow traffic at Indian airports, and create job opportunities. It will greatly benefit all our stakeholders whilst significantly benefitting our customers who will now have access to a more expanded global network, enhancing connectivity for tourists, business travellers, Indian families and the wider travelling public.

Jet Airways partnership Under the strategic partnership, the airlines will gradually expand existing operations and introduce new routes between India and Abu Dhabi, providing an ever wider choice to the travelling public. They will combine their network of 132 destinations, with Jet Airways establishing a Gulf gateway in Abu Dhabi and expanding its reach through Etihad Airways’ growing global network.

Passengers from 55 cities in India will benefit from connections to international destinations. New flights from Jet Airways’ home hubs and metro airports will further strengthen its current operations from these airports. Jet Airways’ vision continues to be to develop Delhi and Mumbai airports as its primary home hubs and connecting them to Asian, European and other regions.

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The Jet Airways group currently operates a fleet of 113 state-of-the-art wide and narrow-bodied aircraft under the Jet Airways and JetKonnect brand.  

Jet Airways, a full service airline with one of the youngest fleets in the world, operates a network that includes flights to 76 destinations spanning the length and breadth of India and destinations in Europe, North America (USA & Canada), the Middle East and Asia.

Etihad Airways’ investment in Jet Airways follows the minority equity stakes taken by the airline in airberlin, Air Seychelles, Virgin Australia, Air Serbia, Aer Lingus and Darwin Airline, subject to regulatory approval.