Jet Airways To Get $35 Million Bailout From Etihad: Report
As part of this proposal, Etihad Airways has agreed to approve an agreement which allows for Jet Privilege pre-purchase discounted mileage redemption seats from Jet Airways, providing Jet with a windfall of $35 million.
Etihad Airways had acquired a 50.1% stake in Jet Airways loyalty program 'Jet Privilege' in 2014