Jan 15, 2019 06:48 AM IST | Aviation
Jet Airways to finalise resolution plan this week, Naresh Goyal likely to step down
Naresh Goyal would trim his 51 percent stake to 20-25 percent and agree to voting rights on his stake being capped at 10 percent in a bid to save the debt-laden carrier.
Etihad Airways will likely bring in fresh funds that will see its stake go up from 24 percent held currently.
The final contours of the resolution plan will be signed by the lenders after their meeting this week.
Published Date: Jan 14th, 2019 03:58 PM | Updated Date: Jan 15, 2019 06:48 AM IST
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