Naresh Goyal-led Jet Airways is in talks with Etihad Airways’ partner Air Seychelles for a code-share alliance. The pact is in the final stages of its implementation, though a nod from the Civil Aviation ministry is awaited, reports CNBC-TV18’s Ronojoy Banerjee.
Jet Airways wrote about it to the aviation ministry on September 10 and is hoping for a speedy approval from the government. Air Seychelles is the national carrier and the government may review their air services agreement with the island nation to accommodate this code share pact.
This code share pact is in the final stages. The broad modalities of that have already been arrived at, and are being worked out. As soon as Jet Airways gets the approval from the ministry of civil aviation, they will make that announcement.
Etihad holds 40 percent stake in Air Seychelles. Many analysts are construing this as part of a larger strategy that as soon as a commercial cooperation agreement (CCA) approval comes for the Jet-Etihad deal, Jet will be in a position to make use of the various code share alliances of Etihad. Etihad has 18 such code share pacts.
An e-mail sent to Jet Airways as late as Friday remained unanswered.