Goyal had last week rejected the Etihad proposal to buy an additional stake in Jet Airways for Rs 150 apiece.

The inter-ministerial group will meet every 15 days to sort out issues and expedite the process of approvals till the rollout of IFMC services stabilises

A Mumbai-Delhi flight, which otherwise cost over Rs 3,000, not including taxes and fees, is available for just Rs 1,499 for the applicable travel window.

They are also planning to price the flights significantly lower than private chartered jets.

Tata Sons board members reportedly urged Chandrasekaran and his team to appoint external consultants to aid in the due diligence process and make it as comprehensive as possible amid concerns of a jump in the Naresh Goyal-promoted airline's liabilities.

The small cap stock has lost 53.30% during the last one year and fallen 61.22% since the beginning of this year. The stock gained 41.13% during the last four sessions. The stock is trading above its 50 day and 200 day moving average of 216.13 and 311.87.

Given the myriad troubles plaguing AirAsia India, finding a buyer for the Tatas' stake won't be easy.

The stock has been gaining for the last four days and risen 41.13% in the period. The small cap stock has lost 50.02% during the last one year and fallen 58.88% since the beginning of this year. Interestingly, the stock has gained 57.04% during the last one month.

Besides Goyal, who along with his family owns 51 percent stake in the carrier, Gulf carrier Etihad Airways holds 24 percent stake in the cash-strapped airline.

Media reports earlier this week suggested that the Tata Group had already started its due diligence process in order to pick up a controlling stake in Jet Airways, which recently reported its third consecutive quarterly losses for the quarter ending September.

The stock has been gaining for the last three days and risen 26.87% in the period.  The small cap stock opened with a gain of 4.46% at 269.25 on the BSE. The stock has lost 61.12% during the last one year and fallen 67.68% since the beginning of this year.

Last Monday, shares of the cash-strapped airline had soared 9.5% on reports of initiation of a second round of talks with the salt to software conglomerate for a deal.

Jet Airways founder chairman Naresh Goyal has reportedly approached Mukesh Ambani in his personal capacity.

In-flight connectivity service is available in most of the developed markets. Globally, many airlines are offering Wi-Fi for passengers, but they have to switch off the facility when they enter Indian airspace.