Etihad Airways Buys 3 Heathrow Airport Landing Slots From Jet Airways for $70 Million
By Economic Times Mumbai, Feb 27 – In what is seen as a step towards closing its proposed investment plans in Jet Airways, Etihad Airways on Wednesday said it has paid $70 million to buy three slots of the Naresh Goyal-promoted airline at Heathrow airport in London. “Etihad Airways can confirm that it has concluded a transaction with Jet to purchase Jet’s three pairs of Heathrow slots for $70 million. The purchase is part of a sale and lease back agreement signed yesterday,” Etihad said in a statement. The statement further said Jet will continue to operate flights to...
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