Jet Airways crisis: Etihad Airways, Hinduja Group fail to strike a deal for joint ownership of the grounded airline

Industry:

Diversified HindujaGroup and Etihad Airways have reportedly failed to strike a deal for jointownership of the now-grounded Jet Airways, a media report said.

 

Hinduja Group recentlysaid it is evaluating the opportunity to invest in the airline. According toBusiness Standard, the lenders of the beleaguered airline have expressedreservation to consider unsolicited bids. The report said that officials ofHinduja Group met executives of Etihad in Abu Dhabi to discuss the deal.However, no decision was made regarding the partnership, it added.


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https://www.news18.com

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