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Articles 21 through 120 of 366:
- To The Us With Panache (Business Line, Editorial, Business Line, Jul 31, 2007)
This week India’s two international carriers, Air India and Jet Airways will take a crack at the United States market, and how well they perform in this essay will have a decisive bearing on their profitability and survival.
- Air Force Pilots Fly To Private Airlines (Hindustan Times, Correspondent or Reporter, Jul 24, 2007)
Looks like Indian Air Force (IAF) pilots are eager to move on to greener pastures.
- India Flies To The Top League In Aviation (Hindu, V. Jayanth , Jul 23, 2007)
An integrated plan to speed up the work on the airports needs to be put in place
- Air India Plans Hub In Europe: Thulasidas (Pioneer, Correspondent or Reporter, Jul 23, 2007)
State-run carrier Air India, which is being merged with another national airline Indian, is looking to create a hub in Europe and rationalise its route structure by providing more direct services.
- “We Need To Expand Aviation Infrastructure” (Hindu, VINAY KUMAR, Jul 16, 2007)
Civil Aviation MiniaterPraful Patelspeaks about new airports, the Air India-Indian Airlines merger, and more during an interview at his office in New Delhi last week. Excerpts:
- Is Indian Aviation A Flying Hazard? (Business Line, A. Ranganathan, Jul 14, 2007)
In May, I wrote that this monsoon season might show how safe our skies are. Many questioned my misgivings as being too pessimistic. A look at what has happened the last two months shows that things are getting alarming.
- Mergers And Buyouts Curb Indian Air Fare War (International Herald Tribune, Correspondent or Reporter, Jul 13, 2007)
Mergers and buyouts are ending the cutthroat airline competition in India, and with it the 2-cent ticket wars that lost the industry $500 million last year.
- Passage To India Options (Singapore Times, Correspondent or Reporter, Jul 13, 2007)
Qantas is just one of many international carriers making a beeline for India. The Australian flag carrier recently confirmed India was a key market because of stronger trade links and increasing numbers of tourists and businesspeople travelling . . .
- Shining Wings (Telegraph, K.P. NAYAR , Jul 11, 2007)
It felt good to be an Indian in Seattle last week. Take, for instance, a panel discussion covered by about 270 journalists from all over the world: the panellists were chief executives of some of the leading airlines in the world, including . . . .
- ‘Jet Airways Open For Alliance With Air India’ (Hindu, Correspondent or Reporter, Jul 09, 2007)
Outlining an ambitious route expansion agenda for Jet Airways, its chief Naresh Goyal on Sunday said his airline was open for an alliance with Air India to enhance the market share of Indian carriers from the present 20 to 50 per cent in the next few . .
- Jet Open To Alliance With Ai: Goyal (Times of India, Correspondent or Reporter, Jul 09, 2007)
Outlining an ambitious route expansion agenda for Jet Airways, its chief Naresh Goyal on Sunday said his airline was open for an alliance with state-owned Air India to enhance the market share for Indian carriers from the prevailing 20 to 50% in the . . .
- Tiger Airways To Fly To India From October (Deccan Herald, Correspondent or Reporter, Jul 05, 2007)
Tiger Airways has a permit from India to fly to six destinations and would start flying four times a week to Chennai from October 28 and three times to Kochi from October 30.
- Jet Airways Reports Rs 88 Cr Net Profit In Q4 (Business Line, Correspondent or Reporter, Jun 27, 2007)
Jet Airways has reported a net profit of Rs 88 crore for the quarter ended March 31, 2007 down by 61 per cent from the same quarter in 2006.
- Spicejet Brass Assures Staff No Promoter's Quitting (Singapore Times, Sudipto Dey, Jun 26, 2007)
Amid speculation of a possible acquisition, the top management of low-cost carrier SpiceJet has sent emails to its staff saying none of the promoters are selling any stake and the airline is on way to ramping up operations, including flying to . . .
- Hillary Gets Big Applause And $2 Million From Nris (Times of India, Correspondent or Reporter, Jun 26, 2007)
Unfazed by the scrutiny of her ties to Indian-Americans, presidential election frontrunner Hillary Clinton collected $2 million and several rounds of applause from NRIs at a fund-raising gala on Sunday.
- Jet Tenders Apology For Offloading Patient (Deccan Herald, Correspondent or Reporter, Jun 22, 2007)
A day after it strongly defended its role, JetLite, a division of Jet Airways, on Thursday apologised to cerebral palsy patient Rajiv Rajan for offloading him from a Delhi-bound flight in Chennai on Monday.
- Sebi Gives Clean Chit To New Ipos (Deccan Herald, Correspondent or Reporter, Jun 22, 2007)
Securities & Exchange Board of India (Sebi), on Thursday, said it does not expect any major irregularities in the forthcoming IPOs.
- Dark Cloud Over Jet Airways Once Again (Pioneer, Correspondent or Reporter, Jun 22, 2007)
The Bombay High Court on Thursday asked Mumbai Police Commissioner DN Jadhav to file a report within two months over the alleged links of Jet Airways Chairman Naresh Goyal with the underworld.
- Jet Airways Ready To Place Facts Before Court (New Indian Express, Correspondent or Reporter, Jun 22, 2007)
The Bombay High Court on Thursday issued a notice to the Mumbai police on a public suit alleging Jet Airways chairman Naresh Goyal had links with mobster Dawood Ibrahim, even as the private carrier said it was ready to place all facts before the court.
- Indian Airline Tycoon Takes Show On The Road (International Herald Tribune, Correspondent or Reporter, Jun 21, 2007)
Is the rest of the world ready for Vijay Mallya, India's booze and airline tycoon?
It had better be.
- Jet Airways Mulls Raising $400 M (Pioneer, Correspondent or Reporter, Jun 20, 2007)
Private carrier Jet Airways, which recently acquired rival Air Sahara, on Tuesday said it plans to raise $400 million (about Rs 1,600 crore).
- Airline Is Pulled Up For Not Flying Disabled (Asian Age, Sridhar Kumaraswami, Jun 20, 2007)
The directorate-general of civil aviation (DGCA), the regulator in the civil aviation sector, has sought an explanation from the airline Jetlite (known till now as Air Sahara) for refusing entry on board one of its flights from Chennai to New Delhi . . .
- Dgca Pulls Up Air Sahara Over Offloading Cerebral Palsy Flyer (New Indian Express, Correspondent or Reporter, Jun 20, 2007)
India's airlines regulator on Tuesday asked leading private carrier Air Sahara to explain the circumstances under which a cerebral palsy patient was offloaded from one of its flights.
- Jet Plans To Raise $400 Mn (New Indian Express, Correspondent or Reporter, Jun 20, 2007)
Jet Airways said that it plans to raise $400 million. “The board of directors would consider issuance of equity shares on a rights basis for $400 million or an equivalent amount in Indian rupee," Jet Airways revealed.
- The Best Antidote To Monopoly Fears (The Economic Times, Editorial, Economic Times, Jun 20, 2007)
The consumer affairs ministry has done well to point out the possibility of an adverse impact on consumers of the ongoing mergers and acquisitions in the aviation space.
- Climbing To Number 10, It's India And The Taj Mahal (Times Online (UK), Correspondent or Reporter, Jun 20, 2007)
There were headlines about it in The Times of India. Too much had been taken for granted. Rais, our guide, was crestfallen.
- Maharaja Versus The Mandarin (The Economic Times, Editorial, Economic Times, Jun 18, 2007)
While China’s airports are light years ahead of India’s, our airlines are qualitatively far better. China’s airline operations are several times larger than those of India.
- India Airlines Strike 'Is Over' (British Broadcasting Corporation, Correspondent or Reporter, Jun 15, 2007)
A strike at India's state-run domestic airline that caused flight chaos across the country has ended, officials say.
- Indian Tycoon Considers Buying Airline Stake (New York Times, Correspondent or Reporter, Jun 15, 2007)
An Indian tycoon, Vijay Mallya, is pursuing another takeover deal, soon after buying a stake in a rival airline, as well as a Scottish liquor company.
- Indian Entrepreneur Moves On To Next Deal (International Herald Tribune, Correspondent or Reporter, Jun 15, 2007)
The Indian entrepreneur Vijay Mallya said Thursday that he was pursuing another takeover, soon after buying up a stake in a rival airline and snapping up a Scottish liquor company.
- Spicejet Plans To Fly Overseas (Times of India, Correspondent or Reporter, Jun 14, 2007)
Come 2008, flying overseas might not burn a hole in your pocket. Low- cost carrier SpiceJet is the latest to join the bandwagon of domestic airlines eyeing international operations. Subject to government approvals, SpiceJet could start operating . . .
- Strike Disrupts Flights In India (British Broadcasting Corporation, Correspondent or Reporter, Jun 14, 2007)
Thousands of employees of India's state-run domestic airline have begun an indefinite strike, disrupting air travel across the country.
- India's Air Crews Asked To 'Battle The Bulge' (Independent (UK), Correspondent or Reporter, Jun 14, 2007)
As every air traveler has been heard countless times, the stewards on board the flight are primarily there for everyone’s safety. And what flyer would dare risk breaching political correctness to admit they like their in-flight crew to look attractive?
- Managing Ground Realities (Hindustan Times, Editorial, HindustanTimes, Jun 14, 2007)
The decision of about 13,000 ground staff of Indian (Airlines) to go on strike could not have come at a more inopportune time.
- Brand India's Image Issue (British Broadcasting Corporation, Correspondent or Reporter, Jun 14, 2007)
The concept of advertising a nation may seem baffling, but the idea is the same as advertising a firm or its products.
- Cabinet Likely To Consider New Aviation Policy Today (Pioneer, Correspondent or Reporter, Jun 14, 2007)
The Union Cabinet is likely to consider on Thursday a policy which, among other issues, suggests relaxation of norms to allow domestic carriers fly abroad.
- A-I Open To Acquisitions, Says Thulasidas (Pioneer, Correspondent or Reporter, Jun 12, 2007)
Air India is open to acquisitions abroad to consolidate operations overseas, particularly in Europe, its chairman V Thulasidas said on Monday.
- India's Air Crews Asked To 'Battle The Bulge' (Singapore Times, Correspondent or Reporter, Jun 12, 2007)
As every air traveler has been heard countless times, the stewards on board the flight are primarily there for everyone’s safety. And what flyer would dare risk breaching political correctness to admit they like their in-flight crew to look attractive?
- India's Air Crews Asked To 'Battle The Bulge' (Independent (UK), Correspondent or Reporter, Jun 12, 2007)
As every air traveler has been heard countless times, the stewards on board the flight are primarily there for everyone’s safety. And what flyer would dare risk breaching political correctness to admit they like their in-flight crew to look attractive?
- Air Safety: Stress Is On Landing (Deccan Herald, B S Arun, Jun 09, 2007)
Aircraft belonging to these two national carriers had developed major problems with their landing gears, even leading to Civil Aviation Secretary Ashok Chawla seeking explanation on these incidents.
- Govt Plans Rejig Of Aviation Fdi (Deccan Herald, Correspondent or Reporter, Jun 08, 2007)
The government will soon announce a major liberalisation in FDI policy, hiking the threshold limit in many of the ground handling and support services to 100 per cent.
- Air India Likely To Join Star Alliance (Deccan Herald, B S Arun, Jun 07, 2007)
Star Alliance, a global airline alliance network, has confirmed that national carrier Air India is likely to join it as a partner airline...
- Jet Airways Comes Up With Expansion Plans (New Indian Express, Correspondent or Reporter, Jun 07, 2007)
Jet Airways on Wednesday announced its plans to expand globally by creating a hub at Brussels.
- Merge Or Acquire — To Survive (Hindu, V. Jayanth , Jun 06, 2007)
Private airlines are doing all they can to consolidate the operations in the competitive sector.
- Delhi Airport To Get Brand New Terminal Next Year (Hindu, Correspondent or Reporter, Jun 05, 2007)
New building to cater to the increase in domestic air traffic
This terminal will have a new building for departures and a bigger, improved one for arrivals'
The brand new structure will be capable of handling 10 million passengers per annum
- Ub Group Starts Talks With Fis To Fund Air Deccan Acquisition (Pioneer, Correspondent or Reporter, Jun 05, 2007)
Vijay Mallya-promoted UB Group, which has acquired 26 per cent stake in Air Deccan for Rs 550 crore and is about to buy another 20 per cent through an open offer, has initiated talks with financial institutions to fund the takeover deal.
- King Of Deccan (Tribune, Editorial, The Tribune, Jun 04, 2007)
MR VIJAY MALLYA’S UB group is set to acquire a controlling stake in Deccan Aviation, which has brought air travel within the reach of the common man by cutting fares.
- Ub Group Starts Talks With Fis To Fund Air Deccan Acquisition (Pioneer, Correspondent or Reporter, Jun 04, 2007)
Vijay Mallya-promoted UB Group, which has acquired 26 per cent stake in Air Deccan for Rs 550 crore and is about to buy another 20 per cent through an open offer, has initiated talks with financial institutions to fund the takeover deal.
- Kingfisher-Deccan Combo To Rule The Skies (New Indian Express, Correspondent or Reporter, Jun 01, 2007)
A day after beer billionaire Vijay Mallya expressed his intention to buy a substantial stake in the no-frill airline Deccan Aviation Ltd (DAL) on May 8, G R Gopinath, chief of DAL, spurned the invitation by saying that the combination would make no .. .
- Deccan Sells 26% To Mallya (Pioneer, Correspondent or Reporter, Jun 01, 2007)
In yet another consolidation move in the Indian aviation industry, Vijay Mallya's UB Group today acquired 26 per cent in Deccan Aviation Ltd that owns low-cost carrier Air Deccan at a cost of Rs 550 crore.
- Kingfisher-Air Deccan Combo To Rule The Skies (New Indian Express, Correspondent or Reporter, Jun 01, 2007)
A day after beer billionaire Vijay Mallya expressed his intention to buy a substantial stake in the no-frill airline Deccan Aviation Ltd (DAL) on May 8, G R Gopinath, chief of DAL, spurned the invitation by saying that the combination would make no . . .
- India Takes A Hit Over Russian Fighters (Asia Times, Correspondent or Reporter, May 29, 2007)
India's relations with Russia have hit an air pocket, with the Russians seeking to renegotiate the terms of a US$8.5 billion deal to supply India with Sukhoi fighter aircraft. The new pricing terms that the Russians are proposing would require . . . .
- Readying For Take-Off (Hindu, Editorial, The Hindu, May 29, 2007)
A new firm, the National Aviation Company of India Limited (NACIL), will take shape in July, giving effect to the Government of India's decision to merge the two national carriers, Air India and Indian.
- Dark Clouds Over Flights To Malaysia (Singapore Times, Correspondent or Reporter, May 17, 2007)
In a move that could disrupt flights from India to Malaysia, the civil aviation authority has warned of a ban on Malaysia Airlines if domes-tic carriers Air India Express and Air Sahara were not allowed to land in Kuala Lumpur.
- India, Russia Avert Standoff (Hindu, Sandeep Joshi, May 16, 2007)
Row over airspace settled
Moscow backs down after DGCA threat to ban Russian flights
Similar communiqué sent to Malaysia
- Air Deccan Eyes $100 Mn Via Stake Sale (The Economic Times, Correspondent or Reporter, May 16, 2007)
Air Deccan, India's largest budget airline, plans to raise $100 mn by selling up to 26 per cent to a professional investor, Managing Director G.R. Gopinath said Tuesday.
- Jet Direct Flight To U.S. (Hindu, Correspondent or Reporter, May 15, 2007)
Jet Airways will launch its first direct flight to the U.S. on August 5 with the introduction of the wide-bodied Boeing 777-300 ER between Mumbai and Newark via Brussels.
- Jet Airways To Honor Aircraft Order Placed By Sahara Airline (Singapore Times, Correspondent or Reporter, May 15, 2007)
Jet Airways (India) Ltd., the nation's biggest domestic carrier, said it will honor the order for 10 planes placed by Sahara Airlines Ltd., which it agreed to buy last month.
- For India's Airlines, Passengers Are Plentiful But Profits Are Scarce (New York Times, Correspondent or Reporter, May 15, 2007)
Emergency landings, chronic delays and millions of dollars in losses — and that is just the month of April.
- Jet Airways Now Eyes World’S Top Five Slot (Hindustan Times, Correspondent or Reporter, May 14, 2007)
India alone is small cheese for Jet Airways. It now wants to become one of the top five international airlines in the next five years. By then Jet hopes to have total revenues of $3.5 to $4 billion (Rs 14,350 crore to Rs 16,100 crore), with half . . . .
- Air India Takes To Skies On July 15 (Indian Express, Correspondent or Reporter, May 11, 2007)
The country’s unified national carrier, formed after the merger of Air India and Indian (Airlines), will start operations from July 15. The new carrier will be branded Air India.
- India's Airline Industry Runs Into Turbulence (International Herald Tribune, Correspondent or Reporter, May 08, 2007)
Emergency landings, chronic delays and millions of dollars in losses - and that's just for the month of April.
- Jet Launches European Hub At Brussels (Deccan Herald, Correspondent or Reporter, May 04, 2007)
Leading private carrier Jet Airways has formally opened its European hub at Brussels which will provide enhanced connectivity between India and Europe, Africa and North America.
- The Top 10: Holiday Hit List In The Subcontinent (Independent (UK), Correspondent or Reporter, May 04, 2007)
What's new: In the middle of one of the country's most renowned tiger reserves, an exciting and innovative safari project has started.
- Jet Increases Fuel Surcharge (Hindu, Correspondent or Reporter, May 04, 2007)
Jet Airways on Thursday said it would increase the fuel surcharge by Rs. 150 on both Club Premiere and Economy Class tickets on domestic routes, with effect from May 4.
- Jet Airways May Fly To Us In Aug (Deccan Herald, Correspondent or Reporter, Apr 26, 2007)
Jet Airways, the country’s top private carrier, could start its much-awaited US operations from August as the process of getting clearances from American authorities is moving on track.
- Jet To Start Us Flights From August (Times of India, Correspondent or Reporter, Apr 26, 2007)
Jet Airways could start its much-awaited US operations from August as the process of getting clearances from American authorities is moving on track.
- Taking Flight (Times of India, Correspondent or Reporter, Apr 24, 2007)
In what can only be described as a resounding vote of no-confidence in the civil aviation infrastructure in India, Jet Airways has reportedly decided to make London its company headquarters, and Brussels its operational centre.
- Jet Air Looks To West For Hq, Hub (Times of India, Correspondent or Reporter, Apr 23, 2007)
Frustrated by the lack of infrastructure in India, Jet Airways chairman Naresh Goyal has finally embraced Horace Greeley's immortal line: "Go West, young man and grow up with the country".
- Aircraft Maintenance And Repair Set To Become Business (Hindu, VINAY KUMAR, Apr 23, 2007)
Mega deals with foreign interests to serve expanding fleets
In the past, maintenance work meant short-term unforeseen repairs, but the focus today is on scheduled maintenance.
- Kingfisher In Talks With Abu Dhabi Firm (Singapore Times, Correspondent or Reporter, Apr 21, 2007)
Domestic carrier Kingfisher Airlines is holding talks with a Abu Dhabi-based engineering firm to start a private maintenance, repair and overhaul (MRO) facility in the country.
- Air Sahara President Alok Sharma Quits (Singapore Times, Correspondent or Reporter, Apr 21, 2007)
Hours after Jet Airways closed the deal to acquire Air Sahara, the Lucknow-based airline's President Alok Sharma quit his post but said he would continue to facilitate its smooth transition to 'Jetlite'.
- Regulation Is A Must (Deccan Herald, S.L. Rao, Apr 21, 2007)
The Competition Commission should act in the interest of consumers in the present globalised situation.
- Jet Airways Pays Rs 400 Cr To Sahara (Deccan Herald, Correspondent or Reporter, Apr 21, 2007)
Jet Airways on Friday paid Rs 400 crore to the promoters of Air Sahara, closing the deal for the Naresh Goyal-promoted private airline’s takeover of the Lucknow-based ailing carrier.
- The Jet Deal Will Unlock Value (Business Line, D. Murali , Apr 20, 2007)
Beyond the sheer change in the underlying numbers (valued at Rs 1,450 crore), the deal will create an entity with over one-third market share. It will give rise to a new competitive dimension for the airline industry.
- Jet Can Transfer Air Sahara's Assets Without Trouble (Hindustan Times, Correspondent or Reporter, Apr 19, 2007)
Private carrier Jet Airways, which recently agreed to acquire Air Sahara in a Rs 1,450 crore deal, will not face any problem for transferring its rival's assets such as aircraft and parking bays.
- Air Sahara To Be Jetlite; Jet To Raise $400m (Asian Age, Correspondent or Reporter, Apr 17, 2007)
Jet Airways chairman Naresh Goyal said on Monday Air Sahara and Jet Airways will operate as separate entities and there are no plans to merge the two.
- Jet Renames Air Sahara As 'Jetlite; Unveils New Logo (Pioneer, Correspondent or Reporter, Apr 17, 2007)
Jet Airways, which acquired ailing rival Air Sahara for Rs 1,450 crore last week, today announced that it would position the newly acquired carrier in between a low-fare and full-service airline.
- Air Sahara To Be Renamed Jetlite (Hindu, Correspondent or Reporter, Apr 17, 2007)
Cargo airline and maintenance and repair facility in the pipeline
Jetlite will be wholly-owned subsidiary of Jet Airways
To raise capital to meet fleet acquisition
- Jet To Acquire 20 Aircrafts For Intl Flights (Times of India, Correspondent or Reporter, Apr 17, 2007)
Jet Airways, which recently took over beleaguered Air Sahara, on Monday announced its expansion plans acquiring 20 wide-bodied aircraft for USD 2.1 billion.
- Ministry Of M&as? (The Financial Express, Editorial, Financial Express, Apr 17, 2007)
Is it time to set up a Union ministry of mergers and acquisitions (M&As)? Going by some ministerial sound bites, one may be pardoned for thinking that something along these lines is imminent.
- Marriages In Air (Deccan Herald, Editorial, The Deccan Herald, Apr 16, 2007)
Coming just weeks after the merger of state-run carriers Air India and Indian airlines, the acquisition of Air Sahara by market leader Jet Airways points to consolidation in the expanding and competitive aviation industry in the country.
- How Jet Airways Landed Air Sahara (Business Line, Ashwini Phadnis, Apr 16, 2007)
Thank God for mobile phones and the short messaging service (SMS). But for this facility, reporting on the Jet Airways buy-out of Air Sahara would have been next to impossible.
- Jet To Fly Air Sahara As Debt-Free Co (Singapore Times, Cuckoo Paul, Apr 16, 2007)
Jet Airways is planning to run the Air Sahara operations as a separate debt-free company without integrating the two balance sheets.
- Lufthansa Technik To Cash In On India's Air Traffic Potential (Hindu, VINAY KUMAR, Apr 16, 2007)
"Looking forward to strengthening relationships with Indian carriers and will expand support programmes"
For Maintenance, Repair, Overhaul of jet engines, to provide crucial components to airlines
To invest $20 million at the upcoming Rajiv . . .
- Safe Landing In The End (Business Line, Editorial, Business Line, Apr 14, 2007)
Jet Airways and Air Sahara manage to come out of the legal air-pocket quite unscathed.
- Jet Strikes 40% Cheaper Deal With Sahara (Times of India, Correspondent or Reporter, Apr 13, 2007)
A year and four months of bitter acrimony and back-breaking negotiations later, Jet Airways and Air Sahara have decided to bury the hatchet.
- Jet Bags Sahara At A Discount (Tribune, Shiv Kumar, Apr 13, 2007)
Curtains on the Jet Airways-Air Sahara saga were rung down today with the two airlines agreeing to a merger before a team of arbitrators.
- Jet, Sahara Seal Buyout Deal (Deccan Herald, Correspondent or Reporter, Apr 13, 2007)
Resuscitating a deal that fell through nine months ago, Jet Airways on Thursday said it had bought Air Sahara for a lump sum of Rs 1,450 crore...
- Jet Acquires Air Sahara Finally (Hindu, Correspondent or Reporter, Apr 13, 2007)
After protracted negotiations, Jet Airways has finally acquired Air Sahara for a consideration of Rs. 1,450 crore, seven months after initiating arbitration hearings of the deal that was earlier entered into in January 2006.
- A Major Consolidation (Hindu, Editorial, The Hindu, Apr 13, 2007)
Months after a rather contentious breakdown, the Jet Airways-Sahara deal is finally through. Three days of intense negotiations led to a clinching of the deal, which was formalised and given legal sanction by the arbitration tribunal.
- Jet Seals Air Sahara Deal For Rs 1,450 Cr (Pioneer, Correspondent or Reporter, Apr 13, 2007)
Jet-Air Sahara deal is finally through as Jet agreed to buy Air Sahara on Thursday at a lumpsum price of Rs 1,450 crore after the offer received the sanction of a three-member arbitration panel in Mumbai.
- Jet Airways Agrees To Take Over Air Sahara (International Herald Tribune, Correspondent or Reporter, Apr 13, 2007)
Jet Airways, the largest domestic carrier in India, signed a deal to buy Air Sahara on Thursday, as analysts said airline industry consolidation would gain pace in the country.
- Jet Airways Strikes Sahara Deal (British Broadcasting Corporation, Correspondent or Reporter, Apr 13, 2007)
India's largest private airline, Jet Airways, says it has agreed to buy out its smaller rival, Air Sahara, for 14.5 billion rupees ($340m).
- Sahara Deal Will Bleed Jet Airways (Hindustan Times, Correspondent or Reporter, Apr 13, 2007)
Jet Airways may have taken over Air Sahara, but aviation experts believe that the Rs 1,450 crore it is forking out is just the beginning. More bills will follow.
- Air Sahara In Jet Air Fold For Rs 1,450 Cr (Business Line, Correspondent or Reporter, Apr 13, 2007)
Air Sahara has finally landed on Jet Airways runway, ending nearly 10 months of dispute between the two airlines.
- Consolidation In Aviation: Calls For Competition Authority (The Economic Times, Editorial, Economic Times, Apr 12, 2007)
The resurrected Jet-Sahara deal, which is almost there, would kickstart the much-anticipated market-driven consolidation in the Indian aviation industry, though the government has already set the ball rolling with the merger of the two state-owned . . .
- Jet-Sahara Near Takeover Pact (Pioneer, Correspondent or Reporter, Apr 12, 2007)
Having salvaged a nearly failed deal to acquire Air Sahara, private carrier Jet Airways is expected to sign an agreement with the takeover target in a day or two, after submitting the new offer for the arbitration tribunal's approval tomorrow.
- Jet, Sahara Deal Almost Done, Hitches Over Payment (Times of India, Correspondent or Reporter, Apr 12, 2007)
For all practical purposes, the deal between Jet Airways and Air Sahara is through, sources close to the development said.
- Jet Airways To Buy Air Sahara (The Financial Express, Correspondent or Reporter, Apr 11, 2007)
Nine months after calling it off, Jet Airways is understood to have struck a deal to revive the takeover of Air Sahara, but at a lower price than the 500 million dollar offered in January last year.
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