Epic Update : Jet Airways

Questions on amended, restated commercial co-operation agreement
Jet’s plan to relocate operations and core function raises eyebrows
Jet to relocate network and revenue management to Abu Dhabi
Inventory control and hub to be relocated to Abu Dhabi
Proposed relocation plan not consistent with Indian norms
Co-operative board control with 19 foreign nationals nominated by Etihad
No Jet nominees on co-operative board yet; all slots of Jet vacant
Co-operative board and three groups to oversee all aspects of Jet business
Govt fears operational control of Jet effectively with co-operative board. 

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