Government sought Tata Sons' help to rescue Jet Airways: Reports
The government has sought Tata Sons' help to rescue cash-strapped Jet Airways, according to reports. Tata is reportedly in talks with the government about a potential haircut to state-owned banks on the carrier's loans while Airports Authority of India may forego some of its dues. Jet Airways has a fleet of 124 aircraft and a 15.8% domestic market share.n