India's Jet Airways Working With Banks on Bailout Plan

Jet Airways is in talks with lenders and Etihad Airways to find a resolution to revive the airline. The company has acknowledged potential changes in its board of directors, indicating that Naresh Goyal may step down. Options for Jet Airways include seeking investment from Etihad, negotiating with Tata Group, and pledging shares to raise funds. The airline is facing a cash crunch and is exploring various strategies to secure its future.

What is the main focus of the talks between Jet Airways and its partners?

• Merging with another airline

• Launching new international routes

• Finding a resolution to revive the airline

• Expanding the airline's fleet

What significant change is being considered for Jet Airways' board of directors?

• Introducing a new board committee

• Hiring a new CEO

• Naresh Goyal stepping down as chairman

• Increasing the number of board members

Which company did Naresh Goyal have unsuccessful talks with regarding Jet Airways?

• Adani Group

• Mahindra Group

• Reliance Industries

• Tata Group

What percentage of Jet Airways does Etihad Airways currently own?

• 24%

• 15%

• 49%

• 30%

What financial strategy is Jet Airways considering to address its cash crisis?

• Pledging shares with a bank

• Selling aircraft

• Reducing employee salaries

• Issuing new shares