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Tata Sons board to meet today to decide Jet Airways takeover

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.

 
 
On Monday, the airline reported its third consecutive quarterly loss at Rs 1,261 crore in three months to September.
The Union Cabinet approved a proposal to manage Ahmedabad, Jaipur, Lucknow, Mengaluru, Thiruvanathapuram, and Guwahati airports under the Public-Private partnership model
By current norms, a pilot has to serve 6 months' notice although specific clauses depend on one's contract.
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.
 
 
All these carriers have been majorly hit by two cost components - aviation turbine fuel (ATF) costs and currency fluctuations.
Passengers on the flight took to Twitter to complain about the flight and about being stranded at the airport for more than four hours.
The full service carrier is battling financial woes and has been delaying salary disbursement to its senior management, pilots and engineers since August.
This offer is also accessible the airline's partners KLM Royal Dutch Airlines and Air France.
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