Jet Airways accepts Etihad bailout plan, chairman Naresh Goyal may resign: Report

Jet Airways (India) Ltd has agreed to most of the conditions set by its partner Etihad for offering a lifeline to the debt-laden domestic carrier, Business Standard reported on Friday, citing sources.

Both the airlines are set to sign a memorandum of understanding (MoU) within days, which would result into stepping down of Jet Airways founder Chairman Naresh Goyal from the board of directors, the report said.

Jet Airways and Etihad were not immediately available for comment.

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