Etihad Airways acquires London landing slots from Jet Airways for $70m

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.