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Etihad cited for Jet Airways transaction
Etihad Airways, the national airline of the UAE, has been honoured at TreasuryToday Magazine’s Adam Smith Awards 2014 for successfully implementing an innovative sales and leaseback transaction worth $70 million with Jet Airways.
The prestigious awards, which are the largest corporate treasury awards programme globally, take place each year to celebrate innovation and best practice.
Winners for 2014 were announced at a gala reception in London on Friday, attended by more than 200 treasury and finance professionals.
Etihad Airways was named winner of the Judge’s Choice award for providing a unique asset-backed lending solution to Jet Airways last year, which unlocked liquidity from the Indian airline’s three pairs of take-off and landing slots at London Heathrow airport.
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