Etihad makes non-binding offer for minority stake in India’s Jet Airways

FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

Etihad Airways PJSC’s bid for a minority stake in grounded Jet Airways India Ltd is non-binding and subject to fulfilment of certain conditions by Jet’s lenders, two people aware of the matter said, requesting anonymity.

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