Jet Airways, Etihad Airways say Jet will re-emerge as viable, robust airline

New Delhi, Feb 25 () Jet Airways and Etihad Airways Monday said they along with key financial stakeholders are working towards finalisation of bank-led provisional resolution plan for the debt-laden domestic airline. In a joint statement, the two carriers expressed confidence that once the plan is implemented, the Jet Airways would “re-emerge as a viable […]

Jet, Etihad say airline will ’emerge financially strong, resilient’

NEW DELHI: Abu Dhabi-based Etihad has for the first time officially acknowledged it is working for restructuring of Jet Airways to ensure the airline avoids a Kingfisher-like fate. Jet chairman Naresh Goyal and Etihad CEO Tony Douglas on Monday issued a joint statement, saying the airline’s restructuring is on and that the process will soon […]