Naresh Goyal in talks with Hindujas to rescue Jet Airways, offers to pay Rs 200 crore in bidding process

Etihad Airways, the Hinduja Group and the London-based AdiGro Group may come together to rescue debt-laden Jet Airways. ET Now’s Nayantara Rai learnt from sources that Jet founder Naresh Goyal has sent feelers to the Etihad-Hindujas-AdiGro for joining the consortium as a fourth member.

Sources further revealed that Naresh Goyal has offered to pump in Rs 200 crore into the crisis-hit carrier to join the consortium. The Hinduja Group, Etihad Airways and AdiGro are likely to invite Goyal for discussion in Abu Dhabi.

It may be noted that the Hinduja Group is looking to revive the ailing airline. Naresh Goyal is also taking his chances to have a board seat in the new management if the resolutions process it to go through. Read More

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