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How Etihad and Abu Dhabi too are bleeding in the Jet crisis

Etihad is down to its lowest market share in India With Abu Dhabi losing Indian passengers and Indigo becoming more powerful

Naresh Goyal to shed stake to 17% in Jet bailout plan; lenders to hold 30%
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Sai Manish
With half of Jet Airways fleet being grounded, India’s air travellers are feeling the brunt of flight cancellations and soaring airfares. In fact, with more planes being grounded by the day, Etihad announced on Monday that its partner Jet had cancelled all flights from Abu Dhabi to India. Jet operates several flights a day connecting Delhi to Abu Dhabi.

While Jet is bleeding, the repercussions are being felt on its partner Etihad too. The state-owned Abu Dhabi-based airline, established in 2003 by a royal decree by Sheikh Khalifa Zayan, has seen its market share in India’s international operations decline to