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Jet Airways: will Etihad submit a tender?

President of the carrier in crisis ready to take a step back

It seems that for the airline in economic difficulties Jet Airways there is a possibility of remaining operational. Etihad Airways' management would be willing to increase its stake in the airline by increasing 24% of the shares currently in its possession, in a decision arrived after Jet Airways president Naresh Goyal explained -to "CNBC TV18"- which he would probably have left the Board of Directors...

M/A - 1217811
Delhi, India, 01/14/2019 16:17
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways. New idea: a conversion of debt into shares

One more (desperate) attempt to save the carrier

In the event that the conversion of part of the Jet Airways debt into shares is approved, the State Bank of India (SBI) should enter into the shareholding of the carrier, controlling 30% of it. A measure... more

AirlinesJet Airways: a debt restructuring plan is being examined

It presented to creditors, with Etihad guarantee

From the Indian state bank they assured that the future of Jet Airways -even less in the short term- could be safe, because the carrier's creditors would be considering a corporate and financial restructuring... more

AirlinesJet Airways: Etihad next to take over 49% of the carrier

First step towards the acquisition of the majority

Jet Airways would be dealing with its creditors so as to solve the problems related to the debt, also because Etihad Airways seem intent on increasing the shareholding to 49%. According to "CNBC-TV 18"... more

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