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Jet Airways seeks $350 million loan from Etihad: Reports
short by Shruti Maria Mahendar / on Thursday, 6 December, 2018
Cash-strapped Jet Airways has sought a soft loan of $350 million from its investment partner Etihad Airways, according to reports. The Abu Dhabi-based airline has offered to finance as much as $200 million, reports added. Etihad, the second largest shareholder of Jet Airways, is reportedly holding talks with Jet Airways and its bankers on a rescue plan.
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