AVIATION INDUSTRY

Jet Airways may sell minority stake to raise funds: Sources

Jet Airways is working on a big fund-raising plan. Sources tell CNBC-TV18 that several interested suitors are in talks with Naresh Goyal’s aviation firm for investments.

The aviation company is in talks with investors to raise funds via minority stake sale, sources say.

People privy to the development have told the channel that Abu Dhabi Investment Authority (ADIA) and sovereign wealth funds are in talks with Jet Airways…

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