Saturday, March 18, 2006

Not approached govt on Sahara buyout: Jet

Two months after announcing a deal to takeover Air Sahara, the biggest in India's aviation history, Jet Airways on Friday said the company had not yet approached the government for merging the rival airline with itself.
Jet officials had earlier said they would have to renegotiate the dates for merger, if the government's approval was not received within 65 days of the signing the Rs 2,300 crore (Rs 23 billion) deal on January 19, 2006.
17/03/06 Rediff
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