Etihad Airways (EY, Abu Dhabi International) has had their proposed 24% stake buy-in of Jet Airways (Mumbai International) approved by the Competition Commission of India (CCI). The CCI's greenlight was the last regulatory obstacle standing in the USD379million deal's way. In its ruling, the CCI stated that both the deal and a revised Bilateral Air Services Agreement signed between the UAE and India, would not inhibit competition, either regional or international. Air India (AI, Delhi International) had also been consulted on the move as other Indian carriers had expressed their own concerns at the agreement arguing that it would result in traffic being channelled out of India to Abu Dhabi International at their own expense.
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