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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
Mumbai, India, 11/16/2018 12:38
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways: Does Tata "rescue" the carrier?

It would only acquire airplanes, slots and pilots

The Tata conglomerate would be in talks to buy Jet Airways, so as to save one of the major Indian carrier from bankruptcy since it has many debts accumulated in recent years after rising fuel costs. Tata... more

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