Jet Airways announced that it is planning to garner INR 18 billion via issuance of non-convertible debentures to Etihad Airways. For the fund-raising, the airline has sought its shareholders' approval through the debentures issuance to its co-owner and strategic partner Etihad Airways. The carrier had approved $300 million fund-raising (in debt) proposal from an undisclosed shareholder in November 2014.