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.
Nov 28, 2018, 15:30 PM IST
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.
Nov 16, 2018, 10:36 AM IST
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.
Nov 15, 2018, 12:59 PM IST
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.
Nov 13, 2018, 09:47 AM IST
