Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways LtdNSE 6.86 %, a purchase which could transform India’s largest conglomerate from airline fringe player into the country’s dominant, full-service international carrier.
The government’s proposed move to pare Rs 29,000 crore of Air India’s debt is a short-term measure and not an alternative to divestment plans, the national carrier’s Chairman and Managing Director Pradeep Singh Kharola said Wednesday
Hyderabad headquartered regional air carrier Trujet has announced offering opportunity to forty underprivileged children to fly for free from Chennai to Salem on the occasion of Children’s Day under its ‘Wings of Hope’ program
MUMBAI: The Tata group and Naresh Goyal-promoted Jet AirwaysNSE 6.86 % are inching towards a two-step transaction, the first leg of which could see the merger of Jet with Tata SIA Airlines, the joint venture between Tatas and Singapore Airlines that operates Vistara. The second step of the deal could involve the purchase of the…
Several investors have shown interest in putting money into Jet AirwaysNSE 2.08 % as well as the miles reward programme it coowns with Etihad Airways, the financeNSE 2.22 % chief at India’s second-biggest carrier by market share said Tuesday. Speaking at a post-earnings analysts conference
Air Asia has announced a new sale under which it claims to offer discounted airfares on both Indian
Air India senior Captain Arvind Kathpalia has been relieved from the charge of Director (Operations) with
Struggling carrier Jet AirwaysNSE 2.24 % Tuesday termed media reports of Tata group carrying out due diligence to acquire the airline as “speculative”.
MUMBAI: Cash-strapped Jet AirwaysNSE 2.24 % Tuesday said it is at various stages of discussions with multiple “interested parties” for capital infusion and partial stake sale in its loyalty
NEW DELHI: Creating artificial rains, Delhi’s quick fix solution to clear up its toxic air, is awaiting one final approval — clearance to the aircraft that will