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India’s turbulent aviation sector may be entering a long-pending phase of consolidation.

On Oct. 18, media reports suggested that cash-strapped private airline Jet Airways may soon be rescued by the Tata Group, India’s storied salt-to-software conglomerate.

“If this (the Tata-Jet deal) happens, then it will consolidate two to three large players,” said Peeyush Pandey, a partner at Deloitte.

However, the reports also suggested that the discussions have failed to make much headway as the question of Jet’s management control is a sticking point. The deal’s success will depend on whether chairman Naresh Goyal, who owns a 51% stake in the company, is willing to relinquish control 25 years after founding the company.

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To sell or not to sell.

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Click the link below for the article:

https://qz.com/india/1431315/tatas-eye-naresh-goyals-jet-hinting-at-ma-in-indian-aviation/

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