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Jet Airways: will Tata board decides today if proceed to buy the carrier?

Indiscretions raise the value of the company's shares

Tata Group's board of directors today will likely be given the go-ahead to acquire the Jet Airways carrier, which has seen the value of its shares rise to a maximum of five months despite the heavy debt owed to it load. According to what "Reuters" reports, the decision could slip because it is not clear yet if Tata will detect all of Jet Airways, or if it will be a "newco" using the second Indian airline...

M/A - 1216185

AVIONEWS - World Aeronautical Press Agency
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