For Quick Alerts
For Daily Alerts

Jet Airways Surges Over 5% On Takeover Bid By AdiGro Aviation


Takeover bid by AdiGro Aviation fuelled a rally in the stock of Jet Airways by more than 5%. The company is an aviation arm of AdiGroup, a London-based entity.

"We are certainly putting in a bid," Group founder Sanjay Viswanathan told one of the leading online business portals.

Jet Airways Surges Over 5% On Takeover Bid By AdiGro Aviation

Viswanathan added that the company has approached Etihad Airways for a possible association for turning around the beleaguered airline.

"We are very keen to work with Etihad. It's a key partner for the airline. If Etihad wants to continue with Jet Airways, we would love to partner with them to re-engineer Jet Airways," he added.

At 1043 hrs, Jet Airways was quoting Rs 155.40, up 5.28 per cent on the BSE.

Read more about: jet airways
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more