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Imran K.

Jet Airways buys over Air Sahara

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Quoted from: Times of India

 

India-based airline Jet Airways is set to buy rival carrier Air Sahara in a deal worth $500m. The takeover will create the country's largest airline, and could mean more international routes for Jet Airways, which recently won concessions to fly to London, Singapore and Kuala Lumpur.

 

Hmm...I haven't heard of Air Sahara being in the red...maybe it was a mutual thing...

 

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