New Delhi, Oct 04 (ANI): Paving the way for the biggest foreign investment in India's aviation sector, the union cabinet of India has approved a $330 million deal by Abu Dhabi's Etihad Airways to buy a stake in Jet Airways, taking the companies one step closer to complete the long-delayed deal. India’s Aviation Minister Ajit Singh confirmed this in New Delhi and said that the deal would benefit passengers at large. Etihad had agreed in April to buy a 24 percent stake in Jet in the first such deal since the government relaxed rules in September 2012 to allow foreign airlines to own up to 49 percent of Indian carriers.