Etihad Airways completes transaction with Jet Airways

Etihad Airways has confirmed the airline has concluded a transaction with Jet Airways to purchase the Indian carrier's three pairs of Heathrow slots for US$70 million.
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The purchase is part of a sale and lease back agreement signed on Tuesday, February 26, 2013.  Jet Airways will continue to operate flights to London utilising these slots. 

Etihad Airways continues to progress discussions about further investment in Jet Airways.