Etihad flies in to rescue Jet, will help raise loans
Etihad offers to guarantee loans worth $150 mn to keep Jet operational
Equity infusion by Etihad will take time and it may not be enough for Jet Airways to tide over its current financial troubles
Deborshi Chaki firstname.lastname@example.org MUMBAI
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In an apparent rescue act, Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million that Jet Airways (India) Ltd needs to keep the airline operational, two people directly aware of discussions between the two airlines said.
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