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Jet will re-emerge as a robust airline: Goyal, Etihad CEO in joint message

An airline source pointed out there is anxiousness among employees and stakeholders are awaiting an outcome

jet airways

With mounting losses, Jet has defaulted on lease and vendor payments. Its lessors are contemplating repossessing the planes they had lent

Aneesh Phadnis Mumbai
Jet Airways and Etihad Airways are working together on a resolution plan to make the airline robust and viable, the two airlines said in a joint statement on Monday. 

The communication comes in the backdrop of lessor actions to ground planes and threats from a section of pilots to stop flying over salary delays. 

“Jet Airways, its principal shareholders, including Etihad Airways, and key financial stakeholders are working towards the finalisation and subsequent implementation of the bank-led provisional resolution plan (BLPRP) to ensure the carrier emerges as a financially strong and resilient airline. The approval of the BLPRP by the board of

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First Published: Feb 26 2019 | 12:37 AM IST

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