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Aviation

Etihad Airways terms likely to delay Jet Airways' rescue plan, says report

Updated : February 25, 2019 01:06 PM IST

Etihad has laid down strict conditions for supporting the resolution which could delay the airline's bailout plan, the sources told the paper. 
The lenders are, at present, considering the Rs 500-crore loan but a decision is yet to be taken. 
Sources told the paper that the lenders may seek additional securities including share pledges or guarantees from promoters and the lenders are not planning to move the National Company Law Tribunal. 
Etihad Airways terms likely to delay Jet Airways' rescue plan, says report
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