The board of Etihad Airways is expected to meet next week to decide on the future course of action and investments in Jet Airways. When contacted, a spokesperson of the airline told BusinessLine : “As a minority shareholder, Etihad continues to work constructively with the Jet Airways board, management team, and other stakeholders,” declining to get into the specifics.
When contacted to check if the board meeting has been scheduled, the Abu Dhabi Stock Exchange said that airline is not listed on the bourse. Interestingly, the newly-appointed Etihad Airways CEO Tony Douglas was in Mumbai last week to attend an urgent meeting of lenders called by State Bank of India. Etihad has a 24 per cent stake in the Indian carrier.
