You are here: Home » Companies » News
Business Standard

Etihad hires turnaround expert Alvarez & Marsal as it weighs Jet bailout

Executives from Alvarez & Marsal are camped in Jet Airways' offices in Mumbai and are taking stock of the airline's operations and looking into its financial health and records

Reuters  |  New Delhi/Abu Dhabi 

etihad, plane, flight
Etihad Airways

Airways has appointed turnaround specialist to conduct due diligence on Ltd as it weighs bailing out the cash-strapped Indian carrier, three sources familiar with the matter told Reuters.

Executives from are camped in Jet Airways' offices in Mumbai and are taking stock of the airline's operations and looking into its financial health and records, one of the sources said.

An spokeswoman declined to comment. and did not immediately respond to an email seeking comment.

First Published: Fri, January 25 2019. 18:16 IST
RECOMMENDED FOR YOU