Paramount not in race for GoAir stakes: Wadia

Mumbai: GoAir Airways Managing Director Jeh Wadia has denied reports that Paramount Airways was picking 40 per cent stake in the low-cost airline but said various investors have shown interests in the airline.
''There is no truth in the reports that Paramount is taking stakes in GoAir and neither is that group among those investors who have shown interest in GoAir,'' Mr Wadia said while talking to UNI.
Mr Wadia, however, refused to divulge details about the investors and the percentage of stakes that they have shown interest in, saying all these things will be finalised when the matter comes up before the board of directors.
05/06/07 UNI/NewKerala.com

To Read the News in full at Source, Click the Headline

Categories: GoAir Jun 2007, Paramount Airways Jun 2007