TPG Capital is reportedly planning to invest in Jet Airways India. TPG Capital may invest more than $100 million, but the size of the stake dilution and investment are not finalized. TPG Capital is planning to acquire stake in Jet Airways’ frequent-flyer loyalty programme.
Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.
