Cash-strapped Jet AirwaysNSE 2.10 % Tuesday said it is at various stages of discussions with multiple “interested parties” for capital infusion and partial stake sale in its loyalty programme Jet Privilege...
Tata begins due diligence to buy Jet Airways from Naresh Goyal
Tata Group is conducting due diligence of Jet Airways (India) Ltd as the nation’s largest conglomerate explores the purchase of a controlling stake in the cash-strapped airline, two people directly aware of the...
Tata Group in talks to buy a majority stake in Jet Airways: Report
Tata Group is in talks to buy a majority stake in beleaguered carrier Jet Airways and its loyalty programme, television news channel CNBC-TV18 reported on Monday, citing sources. Tata Group aims to buy the 51 per cent...
Boeing eyes services M&A, small or big, in tussle with Airbus
Boeing Co is looking for future deals “small or big” now that it has absorbed parts distributor KLX Inc, an executive told Reuters, as the world’s largest planemaker tries to beat out rival Airbus in the highly...
Delta Air Lines evinces interest in JetAirways, may buy Goyal, Etihad stakes
Even as the Tata group is believed to have intensified negotiations for a possible purchase of a stake in troubled airline Jet Airways, the carrier may find a white knight in Delta Air Lines, three people familiar with...
Italian state railways says will bid for Alitalia, other firms back off
Major companies on Tuesday ruled out involvement in a new rescue of Alitalia, complicating a plan led by Rome in which state-controlled railway Ferrovie Dello Stato (FS) IPO-FERRO.MI will bid for the airline and look to...
Bolsonaro OK with Embraer-Boeing deal: defense minister pick
Brazilian President-elect Jair Bolsonaro has a positive view of a proposed commercial aviation partnership between Boeing Co (BA.N) and local aircraft maker Embraer SA (EMBR3.SA), Bolsonaro’s choice for defense minister...
Jet stake sale: Naresh Goyal, Tata’s senior representatives meet in London
Jet Airways Chairman Naresh Goyal (pictured) met senior representatives of the Tata group in London last week in an effort to find an investor in his cash-strapped airline. The Jet Airways team was led by Naresh Goyal...
IndiGo’s CEO Rahul Bhatia says open to acquiring airlines
IndiGo co-founder and interim CEO Rahul Bhatia, in an investor call, on Wednesday said that the airline will look at any opportunity that the current aviation market throws up along with its growth strategy of growing...
AviAlliance, AMP Capital join race for Mumbai airport stake
German airport operator AviAlliance, Australia’s AMP Capital and US-based Global Infrastructure Partners (GIP) have submitted non-binding bids to buy a minority stake in Mumbai International Airport Ltd, two people...
Jet Airways sets jet sale, leaseback plan in motion to raise $800 mn
Jet Airways (India) Ltd is in talks to raise as much as $800 million from the sale and leaseback (SLB) of 16 aircraft owned by the airline, according to a person close to the development. The cash-strapped airline has...
Tata Sons said to be in talks to buy stake in Jet Airways
Tata Sons Ltd has held preliminary discussions to buy a large stake in debt-laden Jet Airways (India) Ltd, the Times of India reported on Thursday. Tata has sought management control of Jet Airways, seeking at least 26%...
