Etihad Airways closes in on Jet Airways deal

Etihad Airways is expanding its Australian operations while its acquisition of a 24 per cent stake in India's Jet Airways deal approaches "soon", according to the company's president.

Etihad Jet Airways

The carrier is also planning to increase its equity in Virgin Australia from its current 10 per cent shareholding to 19.9 per cent, subject to regulatory approval. It will also add new aircraft, routes, additional flights and airport facilities for its operations in Australia as part of its growth plans