With Etihad Airways delaying a decision on infusing fresh equity into Jet Airways, the lenders of the debt-laden airline are exploring the possibility of bringing in a new investor. This could lead to the complete exit of Etihad from the Indian airline.
Jet Airways’ promoter Naresh Goyal had proposed a plan under which Etihad was to invest about ₹1,600 crore to retain its existing 24 per cent stake in the airline. In addition, Etihad was to provide interim financing of ₹750 crore. However, sources close to the development said that Etihad has not agreed to the plan.
