Abu Dhabi based Etihad Airways CEO James Hogan said today that the Etihad Board is likely to take a decision regarding the acquisition of stakes in Jet Airways once due diligence is completed next week. Addressing a press conference in Abu Dhabi today, the Etihad Airways President & CEO James Hogan said the carrier will present the due diligence report on Jet Airways to its board next week. According to reports, the Etihad Airways is looking forward to acquire around 24 per cent stakes in Jet Airways by infusing a capital around $330 million. If the deal goes through, Eitehad will become the first foreign carrier to buy stake in the domestic civil aviation sector in India after the Government allowed up to 49 per cent FDI in civil aviation sector last year. Aviation experts say that the move will help Jet Airways wipe off its debt considerably.