Jet Airways and Etihad Airways have finally inked the deal that sees the Middle East airline take a 24% stake in the Indian carrier. This deal marks the first foreign investment in an Indian airline. The Rs 2,069-deal was completed yesterday just a week after fair trade regulator Competition Commission of India (CCI) approved the acquisition of stake in Jet by Etihad. The deal also includes $150 million soft-loan from Etihad and sale of two Jet slots at the Heathrow airport in UK to Etihad for $70 million.

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