Jet Airways Updates

Sai

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Tata should buy out Jet Airways with Singapore Airlines and merge it with Vistara. And also buyout one of the small carriers like Spicejet or Go Air and merge it with Air Asia India. So that the sector gets consolidated and the premium segment gets the classy service of Air Vistara & Singapore Airlines and the budget segment gets the frugal low-cost flying experience of Air Asia India.
 

Sai

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Today there is a board meeting of Tata Sons. To discuss acquisition of Jet Airways. Supposed to be finalized with Tata Sons & Singapore Airlines entirely buying out Naresh Goyal and parts of Etihad stake. Etihad will also exit at a later date.
 


amish

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King fisher two in the making?

15 planes are grounded. Pilots not paid on time.

What more? Debt of Mallya (King fisher) and Jet airways is much similar. (9000 crore and 8200 crore)

So who is escaping India the next? Make a guess!!
 

dextermorgan

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^ this has been clear since last few years when lucrative international routes were taken away only to be given to ethiad airlines and other airlines. trust me, everyone knew this was coming.