Tata Sons may seek a strict non-compete agreement with Jet Airways

This could prohibit Goyal from not only running an airline but also staying out of the travel business for five years

Tata Sons is likely to seek a strict non-compete agreement with Jet Airways’ promoter Naresh Goyal as the conglomerate explores buying out his stake in the airline.

Sources said the non-compete agreement would prohibit Goyal from not only running an airline but even staying out of the travel and trade business for at least five years. 

This would mean that the 69-year-old industry veteran, who started his career from being an India agent for foreign airlines, will have to step away from the business.

However, such a clause may become a deal breaker as sources say Goyal will not want