Jet Airways close to funding deal with Etihad? Here are details
Debt-laden Indian carrier Jet Airways Ltd is close to finalising a deal under which shareholder Etihad Airways will inject fresh funds, news channel CNBC-TV18 reported late on Tuesday, citing sources.
Jet Airways, which is struggling to cut costs and stay afloat, has delayed salary payments to employees and is trying to raise money by selling a stake in the airline and its loyalty programme. Image source: PTI