Hey thanks for the explanation coconut airways, I always thought those who hold majority usually make most of the rules.
By the way the minister for transport just came on tv and explained about this etihad-air seychelles saga.
By the end of the year Air Sey would have 2 A330 and 1 A320 and will fly to Abu dhabi and use it as its hub too. From Abu DHabi Air seychelles plane will serve some of Etihad routes including Munich, Pakistan, India and few others. Airline is also going to offer direct routes to China and penetrate more into African mainland. Lots of code share between these 2 on many routes. Etihad will train the pilots and other crew. Now its been confirmed that Etihad will be managing the airline for the next 5 years.