Etihad has made a shock last-minute bid to invest in Jet Airways last Friday, as reported by the India Times. “Etihad Airways today confirmed its interest to re-invest in a minority stake in India’s Jet Airways, subject to conditions” – EtihadHow much is Etihad willing to invest? We do know that recently the founder of Jet Airways promised to invest in $36 million into the airline. If Jet Airways fails to find funding by this weekend, it is likely that much of its assets will be sold off to the highest bidder. Should Etihad invest further into Jet Airways or just cut their losses?
Source: Mint May 10, 2019 23:03 UTC