-
ALSO READ
Cash-strapped Jet Airways seeks soft financing of $350 million from Etihad
SBI chief seeks Sebi's views on Etihad bailout proposal for Jet Airways
SBI-led consortium of lenders likely to bag biggest stake in Jet Airways
Etihad in talks with debt-laden Jet Airways on rescue deal: Sources
Etihad wants to end exclusivity for JetPrivilege as part of rescue deal
-
Etihad Airways has appointed turnaround specialist Alvarez & Marsal to conduct due diligence on Jet Airways Ltd as it weighs bailing out the cash-strapped Indian carrier, three sources familiar with the matter told Reuters.
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, one of the sources said.
An Etihad spokeswoman declined to comment. Alvarez & Marsal and Jet Airways did not immediately respond to an email seeking comment.
RECOMMENDED FOR YOU