Tata Group may buy Jet Airways, merge it with Vistara: Reports
Tata Group is reportedly in talks to buy a majority stake in Jet Airways and is aiming to merge the carrier with Vistara, a 51:49 joint venture between Tata and Singapore Airlines. Tata is looking to buy the 51% stake owned by founder Naresh Goyal and Etihad Airways' 24% stake. It may also reportedly buy Jet's loyalty programme Jet Privilege.