Jet Airways seeks $350 mn soft loan from Etihad
Cash crunched Jet Airways has sought a soft financing of USD 350 million from its investment partner Etihad Airways, as it continues to hold discussions with the latter to offload additional stake in the carrier, an airline source said Thursday.
The Abu Dhabi-based Etihad had come to the rescue of the Naresh Goyal-controlled airline during the earlier downturn too. Image: Reuters