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Etihad back in the fray for Jet Airways: Report

Dec 05, 2018 11:47 IST

Adding to the mix of suitors, Etihad Airways is reportedly in talks with embattled Jet Airways and its bankers to chalk out a rescue plan for the airliner. The Abu Dhabi-based airliner which owns 24 per cent stake in Jet spoke with officials in Mumbai and could also be considering investing fresh funds in the airline if it agrees with the structure. The Naresh Goyal-owned airliner meanwhile has assured the pilots' union that funds will be in place by mid-December and promised there will be no salary delays from the 1st of April next year.

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