13th
April
2007
Jet Airways to buy Air Sahara for Rs 1,450 cr
Growth takes off in a big way: Jet will have more than 50 per cent market share of domestic air traffic.
The deal for Jet Airways buying Air Sahara is through. Air Sahara has been valued at around Rs 1,450 crore.
Harish Salve, the legal representative of Jet, said Rs 400 crore has to be paid to Air Sahara before April 20.
The deal was signed by Saroj Dutta representing Jet and Pallav Agarwal representing Air Sahara.
[ via News Sources ]