NEW DELHI: JetLite would continue to operate as a separate entity and is not being merged with its parent Jet Airways. However, various functions of the two carriers, such as sales, marketing and ticketing, would be integrated. Naresh Goyal-owned Jet Airways acquired Air Sahara a year ago and rechristened it as JetLite.

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MUMBAI: Jet Airways (India), the country’s largest private airline is likely to merge its wholly-owned subsidiary JetLite into Jet Airways in the current fiscal. Jet promoter Naresh Goyal is considering the merger to break even by the end of the current calendar year. Read the rest of this entry »

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New Delhi: Air travelers between Delhi and Mumbai have reason to rejoice. Low-cost carriers GoAir, IndiGo, SpiceJet and JetLite have gone back to zero and Re.1 air fares on India’s busiest sector. Read the rest of this entry »

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Mumbai: The owner of the country’s largest private carrier, Jet Airways (India) Ltd, is taking desperate measures to boost revenue and cut costs. Read the rest of this entry »

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Thiruvananthapuram: About 69 Delhi-bound passengers booked on an Air Sahara flight were stranded in Thiruvananthapuram airport since last evening as the aircraft developed a technical fault at Male from where it was to make the return flight. The flight was to have picked up passengers from here on its way to Delhi via Kochi at 5.50 p.m. yesterday. Read the rest of this entry »

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Mumbai, April 16: Jet Airways, which acquired ailing rival Air Sahara for Rs 1,450 crore last week, announced that it would position the newly acquired carrier in between a low-fare and full-service airline. Read the rest of this entry »

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MUMBAI (Reuters) - Jet Airways Ltd. said on Monday its takeover of Air Sahara would not strain its cash flows, and that it expected the loss-making Sahara to turn a profit in the first year of operations. Read the rest of this entry »

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NEW DELHI: Jet Airways–Air Sahara deal is more or less sealed. Both, the companies’ top brass will submit the final documents detailing the deal that enables Jet Airways to buy out Sahara to the Arbitration panel later this evening. Read the rest of this entry »

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Is the Jet-Sahara deal worth it and what is the implications of this deal on the Indian aviation sector? CEO India and Middle East for Asia-Pacific Aviation, Kapil Kaul and Consultant for Air Deccan, Mohan Kumar debate this issue. Read the rest of this entry »

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Private airliner Jet Airways has restruck its deal with Air Sahara at a lower valuation, according to sources. The deal, which was originally valued at Rs 2200 crore, has been struck in the region of Rs 1,850 crore, reports CNBC-TV18. Read the rest of this entry »

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