Etihad Airways and Jet Airways of India released that the UAE national carrier has agreed to subscribe for 27,263,372 new shares in Jet Airways at a price of INR754.74 per share. The value of this equity investment is US$379m and will result in Etihad Airways holding 24% of the enlarged share capital of Jet Airways. Etihad Airways’ wider overall commitment to Jet Airways includes the injection of US$220m to create and strengthen a wide-ranging partnership between the two carriers. As part of this Etihad Airways paid US$70m to purchase Jet Airways’ three pairs of Heathrow slots through the sale and lease back agreement announced on 27 February 2013. Jet Airways continues to operate flights to London utilising these slots. An amount of US$150m will be invested by Etihad Airways by way of a majority equity investment in Jet Airways’ frequent flyer program “Jet Privilege”, subject to appropriate regulatory and corporate approvals and final commercial agreements which are expected to be completed within the next six months. Under the strategic partnership, which will be subject to full regulatory and shareholder approval, 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 140 destinations, with Jet Airways establishing a Gulf gateway in Abu Dhabi and expanding its reach through Etihad Airways’ growing global network.
AviTrader sponsorship ad
Etihad Airways to invest US$379m for a 24% stake in Jet Airways
Share this Article
Tuesday July 21, 2026
CFM International (CFM) has secured a record order for more than 1,000 LEAP-1A engines from IndiGo, alongside new engine selections from aircraft lessors Jackson Square Aviation (JSA) and SMBC Aviation Capital. The memorandum of understanding with IndiGo will ... Read More »
Tuesday July 21, 2026
BOC Aviation has placed its largest-ever order with Pratt & Whitney, selecting up to 220 GTF engines to power as many as 110 Airbus A320neo-family aircraft. The agreement marks the latest expansion of the lessor’s narrow-body portfolio and extends it... Read More »
Tuesday July 21, 2026
Abra Group, the parent company of Avianca, Gol and Wamos Air, has agreed to acquire 20 Embraer E195-E2 aircraft, with options and purchase rights that could increase the order to as many as 45 jets. The first aircraft is scheduled for delivery in the fourth qu... Read More »
Tuesday July 21, 2026
Ontic and UK-based engine maintenance specialist CFS Aeroproducts (CFS Aero) have formed a partnership to pursue engine and auxiliary power unit (APU) licensing, transition and support opportunities in the global aerospace market. The agreement combines Ontic&... Read More »
Tuesday July 21, 2026
MSC Air Cargo has placed its first order for Boeing’s 777-8 Freighter, committing to five aircraft as the carrier expands its long-haul cargo fleet. The previously unidentified order makes MSC Air Cargo the third Europe-based cargo airline to select the ... Read More »
Tuesday July 21, 2026
Airbus Defence and Space has become the anchor investor in a new €500 million European defence technology fund aimed at accelerating the growth of dual-use and defence companies across the continent. The agreement, signed at the Farnborough International Air... Read More »
Tuesday July 21, 2026
Cebu Pacific has expanded its engine maintenance partnership with Lufthansa Technik (LHT), signing a three-year agreement covering 18 additional CFM56-5B engine shop visits for its Airbus A320ceo fleet. The contract completes the Philippine carrier’s fin... Read More »
Tuesday July 21, 2026
Turkish Technic has signed a five-year service and licence agreement with GE Aerospace to provide authorised maintenance, repair and overhaul (MRO) services for Data Link Control and Display Units (DCDUs), expanding its avionics support capabilities. The agree... Read More »
Tuesday July 21, 2026
Ryanair Holdings reported a 34% drop in first-quarter profit after tax to €538 million as higher fuel costs and weaker ticket prices offset continued passenger growth. The airline’s Q1 profit fell from €820 million a year earlier after the cost of it... Read More »
Tuesday July 21, 2026
SMBC Aviation Capital has ordered 100 Airbus A320neo-family aircraft, comprising 65 A321neos and 35 A320neos, after recently placing an order for 100 Boeing 737 aircraft, reinforcing its strategy of maintaining a balanced narrow-body fleet portfolio. The Airbu... Read More »
Monday July 20, 2026
AerCap Holdings and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) agreed to establish a 50:50 joint venture to lease CFM LEAP spare engines. The venture, first outlined in a memorandum of understanding signed at the 2025 Paris Air S... Read More »
Monday July 20, 2026
Airbus Helicopters secured an order for eight additional H145 helicopters from Saudi Arabia’s The Helicopter Company (THC), at the Farnborough International Airshow. The aircraft are scheduled for delivery between 2027 and 2028 under a framework agreemen... Read More »
Monday July 20, 2026
CFM International is ramping up investment in its global MRO network, with parent companies GE Aerospace and Safran Aircraft Engines committing more than US$2 billion combined over the next five years to support growing demand for LEAP engine servicing. The in... Read More »
Monday July 20, 2026
Boeing secured fresh commitments for up to 128 aircraft on the opening day of the Farnborough International Airshow, with SMBC Aviation Capital ordering 100 737 MAX jets and Riyadh Air expanding its 787 Dreamliner fleet. SMBC Aviation Capital ordered 60 737-10... Read More »
Monday July 20, 2026
BOC Aviation placed its largest-ever engine order, agreeing to purchase and option up to 300 CFM International engines to support its expanding Airbus and Boeing narrow-body fleet, the companies announced at the Farnborough International Airshow. The agreement... Read More »
Monday July 20, 2026
British Airways (BA) has selected Pratt & Whitney’s GTF engines to power 33 firm and 30 optional Airbus A320neo aircraft, the companies announced on the opening day of the Farnborough International Airshow. Pratt & Whitney will also provide engin... Read More »
Monday July 20, 2026
Aviation Capital Group LLC (ACG) has signed lease agreements with Skymark Airlines for seven Boeing 737-10 aircraft, expanding the Japanese carrier’s fleet renewal and growth plans. The first aircraft is scheduled for delivery in 2028 from ACG’s or... Read More »
Monday July 20, 2026
Eve Air Mobility has signed a letter of intent (LOI) with aviation finance company Shearwater Global Capital for up to 16 electric vertical take-off and landing (eVTOL) aircraft. The agreement marks Shearwater’s entry into the advanced air mobility (AAM)... Read More »
Monday July 20, 2026
GKN Aerospace has secured an agreement with Pratt & Whitney (P&W), an RTX business, to add low-pressure compressor (LPC) vanes for the PW1500G and PW1900G GTF™ engines to their existing risk and revenue sharing programme (RRSP). The contract covers a... Read More »
Friday July 17, 2026
The Executive Board of Deutsche Lufthansa has appointed Lorenza Maggio as the next Chief Executive Officer of Brussels Airlines, subject to approval by the Board of Directors of SN Airholding. Maggio will also take on the role of Executive Board Representative... Read More »
Aviation News Categories
2026 MEDIA KIT
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049