The airline also said the resolution plan is presently under active discussion amongst the stakeholders and that the various options are yet to be crystallised
The stock slipped 8 per cent to Rs 270 on Wednesday after the media report suggested that Etihad Airways offers to invest in debt-laden carrier at discounted rate of Rs 150 per share.
According to reports, Etihad might have to make an open offer in case it is hiking the stake in Jet Airways
The stock tanked 8.28 per cent to Rs 270 on BSE.
Etihad Chief Executive Tony Douglas has written to State Bank of India on the restructuring plan for the airline
Al-Baker said Qatar Airways would be 'delighted' to take a stake in IndiGo, the largest airline in India
Etihad Airways currently owns a 24 per cent stake in debt-laden Jet Airways.
The airline has not been paying salaries to its employees, including senior management, pilots, staff and crew for over two months now
Naresh Goyal may become chairman emeritus, son Nivaan likely to have board role; Jan 16 meet to finalise deal
The stock moved higher by 19 per cent to Rs 301 on Monday, gaining 24 per cent in past two trading days on the National Stock Exchange.
Jet Airways, once India's No 2 airline, has been seeking funds from investors
Delays in fundraising and action by lessors could lead to more disruption
Jet's main lender State Bank of India sought to provide reassurance that India's biggest full-service carrier is doing all it can to pay its staff, suppliers and creditors
he airline has a market capitalisation of Rs 28.81 billion as of Friday's close
With Jet Airways set to run out of cash in about a month, the carrier is now looking to restart talks with India's biggest conglomerate
Jet Airways also owes money to pilots, lessors and vendors
Family member may replace Naresh Goyal on airline's board
Jet Airways is trying to mop up fresh funds from a consortium of banks led by State Bank of India and strategic partner Etihad Airways
Pilots, techies, management getting salary in instalments; airline claims other payments cleared
Jet Airways - India's longest-surviving private airline now needs bankers with spine to keep flying