Sources gave out details that indicated that the consortium of Jet lenders led by the State Bank of India (NSEI:SBIN) (SBI) would be largest shareholder in Jet Airways (India) Limited (BSE:532617) post restructuring. At the stage of negotiation, it looks like the SBI-led consortium will hold around 40%, while Etihad Airways PJSC's stake could go up by 2% to 3%, an executive of SBI with exposure to Jet Airways said. Founder, Chairman Naresh Goyal's stake could possibly fall to around 24%.

Currently, Goyal owns 51% and Etihad 24% stake in Jet Airways.