Etihad due diligence on Naresh Goyal's Jet Airways seen within week: CEO

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Reuters: Abu Dhabi, Feb 04 2013, 16:32 IST
Jet Airways.jpg
787 Dreamliner.

All 50 Boeing 787s remain grounded as authorities in the United States, Japan and France investigate the Boston battery fire and a separate battery failure that forced a second 787 to make an emergency landing in Japan a week later.

"(The) 787 is a great aircraft, we have no doubt it will be resolved and the aircraft will be up and fine," Hogan said.

When asked if Etihad would cancel any Boeing orders, he said: "Not at all."

Etihad, with a total of 41 787-9 Dreamliners on order and options for an additional 25 aircraft, would be one of the largest operator of the aircraft type in the world.

Hogan also said that the airline has had no discussions with Italian carrier Alitalia beyond code sharing.


Stocks More on Jet Airways

Company INFO More on Jet Airways


Etihad expects completion of Jet due diligence next week

(PTI) Etihad Airways, tipped to be acquiring stake in India's leading carrier Jet Airways, today said its Board is expected to take a decision on the matter once due diligence is completed next week.

Addressing a press conference here, Etihad Airways President & CEO James Hogan said the carrier, which reported 200 per cent jump in net profit for 2012 to USD 42 million, will present the due diligence report on Jet Airways to its board next week.

Subsequently, the board would consider the matter of picking up stake in the Indian carrier, he added.

Updating the progress made in Etihad's bid to be

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