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News
Jet Airways controlling stake
Jet Airways controlling stake News
Jet Airways Ltd
28 Nov 2018
Naresh Goyal will sell controlling stake in Jet Airways: Report
The carrier`s financial woes have been worsened by rising crude oil prices and intense pricing competition in the domestic aviation industry.
Tata Sons
16 Nov 2018
Tata Sons board may discuss plans to snap up Jet Airways today
Media reports suggest that the parent company of Vistara, Tata-Singapore Airlines, is looking at all-stock merger with Jet Airways as part of the Tata group's plans to board Goyal's full service carrier.
Tata Sons
15 Nov 2018
Tata looks to reclaim the skies in Jet Airways stake talks
Should a deal with Jet succeed, Tata would gain access to hard-to-get parking slots at Mumbai`s congested airport, most of which are occupied by the 25-year-old airline.
Tata Sons
13 Nov 2018
Tata Sons begins due diligence to buy Jet Airways: Report
A combination of rising oil prices, high fuel tax, a weak rupee, low fares and price competition has seen profit dive in the world`s fastest-growing aviation market, which is clocking 20 percent annual passenger growth.
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