As many as four entities are now trying to mould an alliance to rescue Jet Airways, which has ceased flying for more than a month even as efforts to find a suitable buyer for the ailing carrier have come to nought.
Sources said the Hinduja group, Etihad Airways, London-based AdiGro Aviation and Jet founder Naresh Goyal are in discussions to revive the airline, which owes more than Rs 8,500 crore to banks.
AdiGro has held parleys with Etihad and Jet lenders for a role. The Hindujas have already announced their intentions. “Hinduja Group is evaluating the Jet Airways opportunity,” the group had said in a statement Tuesday.
