Etihad to rescue JAT Airways

Etihad Airways has agreed a memorandum of understanding to partner with JAT Airways in April to help rescue the beleaguered Serbian national carrier. It is understood that Etihad will take control of 49% of JAT. Once the agreement is signed, JAT will become a member of the Etihad-led alliance comprising Air Berlin, Aer Lingus, Virgin Australia Airlines and Air Seychelles. Etihad will assist JAT in securing the lease of four new aircraft before June. Etihad and JAT would also start daily flights between Belgrade and Abu Dhabi and introduce flights from Belgrade to Chicago and three other United States destinations