Wednesday, July 26, 2006

MAXjet Confirms: No Truth to Acquisition by Kingfisher Airlines

Dulles: MAXjet Airways, the industry's first low-fare, all-business class transatlantic airline, has confirmed there is no truth in the report that Indian carrier Kingfisher Airlines International is in advanced talks with MAXjet for an outright acquisition. The unfounded report was published on July 21 by IST Times News Network, dateline New Delhi.
"The article printed in the Times of India business section on July 21 is unfounded," said MAXjet CEO Gary Rogliano. "We never were, and currently are not, in any such discussions to sell MAXjet."
MAXjet Airways currently flies six times weekly from New York JFK to London Stansted and five times weekly from Washington Dulles to London Stansted.
25/07/06 Business Wire (press release), US
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