What to watch . Will Etihad re-ignite Jet Airways?

Updated - May 10, 2019 at 09:51 PM.

 

Shares of Jet Airways will continue to remain in focus, as Etihad Airways is interested in the embattled carrier for a minority stake. However, this is subject to certain conditions, a spokesman for Etihad said on Friday. “Etihad re-emphasises that it cannot be expected to be the sole investor, and that, amongst other requirements, additional suitable investors would need to provide the majority of Jet Airways’ required recapitalisation,” the spokesman said.

Published on May 10, 2019 16:21