TATA Sons in pursuit of Jet Airways Deal are weighing up the economic viability of the deal
- Published | 15 November 2018
Tata Sons are in discussion about the Jet Airways deal which will provide them full control of the company’s stake. Buying Jet Airways along with its 124 aircrafts will bring back Tata to the front position of Indian aviation in terms of size.
India: Tata Sons are in discussion about a controlling stake of Jet Airways which is debt-laden, an acquisition which can transform the largest conglomerate of the country from an airline fringe player into a leading, full-service international carrier. Procuring Jet, along with its 124 aircraft, will bring back Tata to the leading position of Indian aviation in terms of size, after almost 70 years of its first airline was nationalized, and after six years it re-entered the market along with two joint ventures.

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