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Continue to work in opposition to reviving Jet Airways, says Etihad – Moneycontrol

Continue to work in opposition to reviving Jet Airways, says Etihad – Moneycontrol

While refusing to comment on adocumentthat it has set aside on withhold plans to speculate inJet Airways, Abu Dhabi-based completely Etihad Airways reiterated that it is practicing finding a resolution to revive the Indian airline.

“Etihad would no longer comment on hearsay or hypothesis,” the spokesperson stated in an emailed response toMoneycontrol’sask.

The executive added: “Etihad continues to work without extend with key stakeholders in India to befriend gain a resolution, which may per chance well well be particular Jet Airways’ return as a viable and aggressive Indian airline, because it has been doing constantly for the past 15 months.”

The feedback approach even as the document stated Etihad Airways and the Hinduja Neighborhood bear made up our minds to ‘live negotiations’ to revive Jet Airways, which had suspended its operations on April 17. The Hinduja Neighborhood did no longer answer to queries.

NCLT setbackAt the an identical time, sources urged Moneycontrol that both Etihad and the Hinduja Neighborhood are moreover conserving an gape on the Mumbai bench of NCLT, the keep two operational collectors of Jet Airways bear filed pleas on June 10.

“The tribunal issued notices to Jet Airways and banks, which bear the airline now, and posted the matter for additonal hearing on June 13, when this is able to per chance well presumably honest decide on admitting or rejecting the chapter pleas,” reports PTI.

Jet Airways owes bigger than Rs 8,000 crore to banks, and hundreds of crores extra in arrears to vendors, lessors and workers.

The Hinduja Neighborhood had moreoversought assurances from the authorities. “The team would no longer are attempting to be dragged into any litigation connected to Jet Airways’ closing promoter and would no longer are attempting to be in a sticky jam on anecdote of that. It moreover wants Jet Airways’ slots and placement visitors rights to be restored,” a senior alternate executive stated.

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