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Wednesday 3 July 2013

Pros and cons of Jet-Etihad deal

New Delhi: Even as controversy rages over the Jet Airways-Etihad deal, the UAE-based airline's 2,058 crore investment is likely to encourage other international airlines planning to invest in India. If the deal goes through, then the passengers will get benefit from Etihad's global network.
As the Jet-Etihad hub will be located in Abu Dhabi, passengers will have access to a number of new routes to cities on Africa, the USA and Europe. With Jet Airways getting access to low cost fuel, flying could become cheaper.
But the deal also has some drawbacks as the investment will not come for free. Most of the new airlines will look to take a large chunk of traffic from India and domestic airlines will lose out.
02/07/13 Karma Paljor/CNN-IBN/IBN Live

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