Etihad eyes driver's seat at Jet in bid to boost west Asia ambitions

Abu Dhabi-based airline wants Jet to boost ambitions for West Asia but its progress in this area has faltered

Will Etihad Airways be second time lucky if it wins the bid for acquiring Jet Airways? On the positive side for Etihad, Jet promoter Naresh Goyal with whom it had a tumultuous relationship, will not be in the driver’s seat as he has been ousted from the board and might end up with only a small stake in Jet.

In 2013, Etihad bailed Goyal out when he sank into a financial mess by taking a 24 per cent stake in Jet for $397 million. Then, Goyal was not only not ready to play ball with Etihad, he charted out an