MUMBAI: Life seems to have come full circle for Jet Airways and Etihad Airways . Those include no pledging of its shares as collateral against loans to Jet and no open offer even if its shareholding goes beyond 25%. He seems to be on a total power trip and it’s no longer about Jet’s survival and wellbeing at all. “At the same time it’s perhaps unwise for Etihad to go deeper into Jet given its own financial difficulties. “Etihad is known to exercise complete control over the airlines it invests in and bring them to be feeders for its operations.

Source: Economic Times January 20, 2019 17:39 UTC