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Sunday, January 22, 2006
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AIRLINES


'Ministry had no say in Jet-Sahara deal'
THE Union Civil Aviation Minister, Mr Praful Patel, said his Ministry had no role in Jet Airways' acquisition of Air Sahara. It is for the Director-General of Civil Aviation, the regulator, and the Company Law Board to see whether the deal ... More

INFRASTRUCTURE


Both phases of Bangalore airport to be completed simultaneously: Patel
THE Union Minister for Civil Aviation, Mr Praful Patel, has said that both phases of the Rs 1,300-crore Bangalore International Airport will be completed simultaneously. Mr Patel told newspersons on Saturday that if the airport consortium had ... More

FINANCIAL PERFORMANCE


Jet Air net dips 53 pc on fuel price hike
Cites payroll, lease rental costs as other reasons

JET Airways, the biggest domestic carrier after Thursday's board approval to acquire Sahara Airlines, on Saturday reported a 52.93 per cent decline in profit after tax for the quarter ended December 31, 2005, to Rs 61.01 crore from Rs 129.63 ... More

MERGERS & ACQUISITIONS


The Big B factor in Jet-Sahara deal
AMITABH Bachchan may not know this, but he, too, might have played a role in the sale of Air Sahara. If people involved in the whole process are to be believed, it was the Big B's hospitalisation that helped the two airline promoters — ... More
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