Abu Dhabi-based Etihad Airways has agreed to pay $379 million to acquire a 24 per cent shareholding in the Indian carrier Jet Airways. Additionally, a wider overall commitment to Jet Airways by Etihad Airways includes the UAE-based airline injecting $220 million to create and strengthen a wide-ranging partnership between the two carriers.

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Abu Dhabi’s Etihad Airways and Ireland’s Aer Lingus have signed an interline and codeshare agreement following the UAE national airline’s recent purchase of a 2.987 per cent shareholding in the Irish carrier.

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According to reports from Europe, Etihad Airways is paying only €72.9 million ($94.9 million) to buy 27.03 per cent of Air Berlin, Europe ’s sixth-largest airline, in addition to the 2.99 per cent pre-dilution shareholding it already owned in the carrier.

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American Airlines and Abu Dhabi-based Etihad Airways are expanding their frequent-flyer-program agreement to offer passengers the opportunity to redeem frequent flyer miles on flights booked on each other’s networks.

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The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorization for a planned alliance between Etihad Airways and the airlines of the Virgin Blue Group.

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Virgin Blue Holdings and Etihad Airways are establishing a commercial partnership which will enable Virgin Blue’s international arm, V Australia, to launch direct services to Abu Dhabi in 2011 and which will allow the two airlines to offer a joint network of more than 100 destinations from October 1 this year.

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