Hope for Jet Airways as Etihad submits binding bid

In a statement, Etihad said,"We have been working consistently with key stakeholders in India over the past 15 months to help find a solution which would ensure Jet’s return as a viable and competitive Indian airline.. Etihad re-emphasises that it cannot be..the sole investor...additional suitable investors would need to provide the majority of Jet’s recapitalisation".

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