Ghosh, 43, saw more merit in joining hospitality startup OYO Hotels as its CEO.
Tata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
Jet promoter Naresh Goyal could exit by selling stake to Tatas’ partner Singapore Airlines after merger.
Revenue for the airline grew 10 per cent to Rs 6,161 crore.
An average of 3 analyst estimates have pegged real losses at up to Rs 2k cr for the July-Sept quarter.
Employees at Air India Air Transport Services Ltd., the national carrier’s subsidiary for ground services have called for the industrial action after the airline refused to reinstate some sacked contract workers.
More than 50 pilots have resigned in the last couple of months with a notice period of just 48 hours.
Jet Airways, SpiceJet and IndiGo account for 71 per cent of the total passenger traffic.
Jet Airways has also roped in Boston Consulting Group to help it with revenue enhancement measures.
India’s biggest airline by market share signed a pact for 50 ATR 72-600 planes last year. It had received 12 planes as of September and was supposed to get 20 by January.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon