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.

Jet Airways' deputy chief executive and chief financial officer Amit Agarwal earlier this week had said the company was in talks with \"multiple interested parties\" for fund infusion.

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.

In India, Plaza Premium has opened its 11th lounge recently in Ahmedabad after Hyderabad, Bangalore and New Delhi. It employs close to 1,000 people in the country and serves over 9,000 passengers every day.

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This offer is also accessible the airline's partners KLM Royal Dutch Airlines and Air France.

The carrier has narrowed its losses and seen average fares rise this year as customers take to its product offering, including a domestic premium economy class.

Though the proposal from Tata has been a breather for Jet Airways, the initial talks seems to have failed as Tata has rejected Jet's proposal of 26% stake and board level positions.

Tata Sons Chairman Natarajan Chandrasekaran is looking to push the Group's aviation business through mergers and acquisitions.

Assam Chief Minister Sarbananda Sonowal had said that it would lead to the emergence of Guwahati as the gateway to South East Asia.

The plane was carrying 150 passengers and 17 crew members as it travelled 16,500 kilometers.