Today's Meeting with SBI, Hinduja & Etihad in Abu Dhabi

Update on today's meeting with Hinduja, Etihad, SBI, NareshGoyal and few other minority Stakeholders.

As reports suggest the proposed  Mahagathbandhan for Jet Airways will be;

Option-1

30% Hinduja
24% Etihad
25% AdiGro
10% Naresh Goyal
10% Public

As per the reports SBI may waive off 80% Loan and take 10% stakes from Naresh Goyal and another 10% from Etihad.

Post consortium the stakes will be;

Option-2

30% Hinduja
14% Etihad
25% AdiGro
20% SBI
10% Public


As per the discussion it is believed that the airline is ready to hit the skies by the first week of July.