The conglomerate had mulled a deal in November, but later walked away from it
With Etihad Airways looking to exit the beleaguered Jet Airways, lenders are set to re-initiate talks with the Tata Group as a possible new investor in the Indian airline.
According to top sources, the lenders have already sent out feelers to the Tatas and may make a formal offer soon. “All the stakeholders and the government are keen to keep Jet Airways afloat. The lenders will reach out to multiple players, including the Tatas, as they have shown interest in acquiring Jet Airways in the recent past,” said a source.