Homehttps://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/Businesshttps://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/Dubai's Emirates cooperates with the authorities after the founder of Jet Airways in Mumbai
Dubai's Emirates cooperates with the authorities after the founder of Jet Airways in Mumbai
Naresh Goyal, former chairman of Jet, and his wife Anita Goyal, a former board member, were held at Mumbai airport while flying to London via Dubai. The couple was stopped flying because they were on an emirates plane that was on the runway.
The media reported that Goyal and his wife were unloaded from the flight and stopped leaving India. The airport staff did not explain why the couple was detained but the reports added that they were allowed to leave the airport later.
In a statement, Emirates said it cooperated and respected the laws of the different countries where it worked. The airline has not provided more details on what happened on board.
What's really going on? Some MEPs urge police to stop Jet Airways officials from leaving the country
The airline is now trying to restructure and get a cash injection from lenders. She opened bids for different investors and was interested in countries that include Abu Dhabi's Atir Dave, who already owns a 24% stake in Abu Dhabi.
Etihad said he would buy more shares under certain conditions as he needed additional investors "to provide the bulk of Jet Airways," called for recapitalization.
The future of the Indian carrier is now unclear as negotiations between the different countries continue and there are no resolutions announced.
Jet, who now has over $ 1
billion in debt, has once been a key player in India's aviation sector, but was later affected by the rise in low-cost carriers such as SpiceJet and IndiGo in the early 2000s. The airline also lost passengers who chose Jet's competitors on international routes.
Then, in 2018, the decline in the value of the Indian rupee added to the woes of Jet, as flying became more expensive for the Indians. have fallen by about 43 percent since mid-April when they began grounding some of their aircraft for non-payment of the lease.