Etihad's clarification comes a day after media reports said the Competition Commission of Singapore had begun a scrutiny of the deal to probe any possible violation of its competition law.
"We wish to clarify that following Etihad Airways' investment in Jet Airways, both the parties have applied for anti-trust immunity in various jurisdictions, including in Singapore," Etihad said in a statement issued from Abu Dhabi.
The deal has come under the scanner of the Singapore authorities as the alliance "relates to the provision of international air passenger transport services (and associated support services), with a specific focus on the Singapore origin and destination city pairs."
The commission said in a notification that it was seeking feedback from the public and other stakeholders till July 11.
The notification was issued "in relation to Section 34 of the Competition Act of Singapore, which prohibits agreements between undertakings, decisions by associations of undertakings or concerted practices which have as their object or effect the prevention, restriction or distortion of competition within the city-state.
"The parties envisage that the proposed commercial alliance will result in various efficiencies and synergies. These include lower administrative costs, sharing of joint resources, better customer services and efficient administration of the parties' respective businesses," it added.
The deal, which involves purchase of a 24 per cent stake in Jet for about Rs 2,060 crore by Etihad and other tie-ups, has been going through turbulent times ever since it was announced in April 2013.
