Jet Airways(9W, Mumbai Int'l) may be planning to raise USD300 million in equity, Bloomberg reports, citing confidential sources. Selling stock at a premium to the current share price, the raise could allow the airline to expand its international offerings.
Under its current financial structure, publicly listed Jet Airways is owned 51% by Chairman and founder Naresh Goyal, 24% by Etihad Airways (EY, Abu Dhabi Int'l), and the remainder by private investors. Earlier this year, Etihad was in talks over the proposed acquisition of a further 25% stake in the Indian carrier.
10/12/16 ch-aviation
To Read the News in full at Source, Click the Headline
Under its current financial structure, publicly listed Jet Airways is owned 51% by Chairman and founder Naresh Goyal, 24% by Etihad Airways (EY, Abu Dhabi Int'l), and the remainder by private investors. Earlier this year, Etihad was in talks over the proposed acquisition of a further 25% stake in the Indian carrier.
10/12/16 ch-aviation
0 comments:
Post a Comment