In a joint statement from Naresh Goyal, chairman of Jet Airways, and Tony Douglas, chief executive officer of Etihad Airways, the pair have acknowledged that Jet Airways, its principal shareholders including Etihad Airways, and key financial stakeholders are “working towards the finalisation and subsequent implementation of the Bank-led Provisional Resolution Plan (BLPRP), to ensure that the carrier emerges as a financially strong and resilient airline”. The statement describes the approval of the BLPRP by the Board of Directors of Jet Airways last week as an important step in that direction, adding that they are “confident that once the BLPRP is

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