Jet Airways takes flight

Jet Airways has taken flight into the green once again today morning, figuring among the top five gainers on the BSE. The stock price rose over 11% to Rs.356.60 and remains firmly in the positive.

There is an all crucial meeting scheduled to happen today. The Tata Sons Board is to meet today to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways.

There is no official word from neither Tata’s nor Jet on this but speculation is rife and the rumour mills are running wild. The fact that Jet did not come and refute this gives wind to this news.

Yesterday, Jet was very quick in coming out and outrightly refusing that news about its merger with Tata SIA are purely speculative in nature.