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Jet Airways nears funding deal with Etihad: CNBC-TV18

Reuters 

(Reuters) - Debt-laden Indian carrier Jet Airways Ltd is close to finalising a deal under which shareholder Etihad Airways will inject fresh funds, news channel CNBC-TV18 reported late on Tuesday, citing sources.Jet founder and majority shareholder Naresh Goyal has assured the airline's pilot union that the funding, which will likely result in route restructuring and more flights to Abu Dhabi, could take place as early as mid-December, the channel said.Goyal has also assured pilots that there will be no delays in salary payments from April 1, according to the channel.Jet Airways, which is ...

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First Published: Tue, December 04 2018. 20:37 IST
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