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Etihad contemplates paying Rs 1 crore fine slapped by CCI

There were three landing Heathrow slots that Jet has sold to Etihad as a part of the deal. This had been done before the 24 percent equity sale had happened and the slots were essentially meant to be leased back to Jet Airways.
Jet-Etihad under CCI scanner for violation of section 43(a)

The hearing in this case is now complete and an order is expected by December end and this may mean that Jet and Etihad could be penalised to the extent of 1 percent of their total turnover or the asset value whichever is higher.

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Heathrow Slots

Etihad contemplates paying Rs 1 crore fine slapped by CCI

Jet-Etihad under CCI scanner for violation of section 43(a)