Naresh Goyal, Etihad must salvage cash-strapped Jet Airways: Lenders

The Jet Airways' resolution plan has to be put to work this month itself

Lenders to cash-strapped Jet Airways on Thursday asked two key stakeholders — Naresh Goyal and Etihad — to promptly pitch in with their contribution to salvage the situation. The decision to provide emergency funds to the ailing airline will be taken collectively and not on a standalone basis, said lenders.

“We have made our stand clear. We (lenders) are supporting the arrangement (resolution). Let us see the resp­onse from other stakeholders. We will accordingly take a call,” said Dinabandhu Mohapatra, managing director (MD) and chief executive officer (CEO), Bank of India (BOI), on the sidelines of a banking seminar organised