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Business News›ET NOW›Daily›Talks are only in preliminary stage: Tata Sons on buying stake in Jet Airways
Talks are only in preliminary stage: Tata Sons on buying stake in Jet Airways
Tata Sons Friday confirmed its interest in acquiring the beleaguered Jet Airways but said no concrete "proposal" has been made by the group so far. The Tatas, which already run two carriers-- the full- service Vistara in a joint venture with Singapore Airlines (SIA) and AirAsia India in a similar arrangement with Malaysian carrier Air Asia--have widely speculated to be planning to acquire Naresh Goyal-controlled airline with it's the Singaporean partner.
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