Dubai Emirates Cooperate with Authorities after Jet Airways Founder in Mumbai

The airline Emirates announced Sunday that it "cooperated fully" with the relevant authorities after two of its pbadengers, including the founder of the Indian airline company Jet Airways, were prevented from flying.

Naresh Goyal, former president of Jet, and his wife Anita Goyal, a former board member of the carrier, were arrested at the Mumbai airport as they traveled to London via Dubai. The couple were prevented from flying because they were on an Emirates plane heading for the runway to take off.

According to media reports, Goyal and his wife were discharged from the robbery and stopped leaving India. The airport officials did not explain why the couple had been detained, but information added that they had been allowed to leave the airport later.

In a statement, Emirates declared to cooperate and respect the laws in force in the different countries where it operates. The airline did not provide more details about what happened on board.

The action against Goyal comes just a month after Jet Airways immobilized all its planes and suspended its domestic and international flights in a context of liquidity crisis. Some Indian lawmakers had asked the police to prevent senior Jet Airways officials from leaving the country.

The airline is currently trying to restructure itself and receive an injection of funds from the lenders. He has opened the bids to holdings of various investors and has attracted the interest of parties like Etihad Airways of Abu Dhabi, which already holds a 24% stake.

Etihad said it would buy more shares provided certain conditions are fulfilled, such as hiring additional investors "to provide the bulk of the recapitalization required by Jet Airways".

The future of the Indian carrier is not yet clear. Discussions between the parties are still ongoing and no resolution has been announced.

Jet, which now has more than $ 1 billion in debt, was a key player in the Indian aviation sector, but was later touched by the rise of low-cost carriers such as SpiceJet and IndiGo to the early 2000s. The airline also lost pbadengers who opted for Jet's competitors on international routes.

Then, in 2018, a fall in the value of the Indian rupee added to Jet's woes, the theft having become more expensive for the Indians.

Jet's share price has fallen about 43% since mid-April, when it began to lock down some of its aircraft because it did not pay for the lease.