Jet-Etihad deal: What happened in those 48-hours?
Sucheta Dalal 03 Jul 2013

On 22nd April the Cabinet Committee approved 40,000 additional bilateral seat rights per week to Abu Dhabi. As soon as the bilateral deal was signed, both Jet and Etihad entered into an agreement on 24th April. Is it a coincidence or collusion?


Moneylife Digital Team

The deal between Naresh Goyal-led Jet Airways and Etihad Airways, the national airline of the United Arab Emirates (UAE) is becoming controversial day by day. According to new information, not only the Director General of Civil Aviation (DGCA) but the Cabinet Committee also played a significant role that benefitted both Etihad and Goyal. While defending the deal on Tuesday, Ajit Singh, minister for civil aviation, said this (Jet-Etihad) was an important deal and those opposing it are long on politics and short on facts.


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