As part of its initial interest, the Tata group had inspected the books and assets of Jet Airways last November. “This, apart from Goyal’s continuity in Jet Airways, were the two key contentious issues then." “This, apart from Goyal’s continuity in Jet Airways, were the two key contentious issues then." Ltd and full-service carrier Vistara, a joint venture with Singapore Airlines Ltd.Acquisition of Jet Airways will boost the group’s market share. “However, the main driving factor is clearly Jet Airways’ foreign routes that currently account for roughly 60% of the airline’s revenue," said the first person.

Source: Mint April 21, 2019 19:18 UTC