Twitter
Advertisement

Sahara group resumes charge of Air Sahara

The move comes after the Rs 2,300 crore acquisition of Air Sahara by Jet Airways collapsed, more than five months after it was announced.

Latest News
article-main
FacebookTwitterWhatsappLinkedin

NEW DELHI: The Sahara group resumed charge of Air Sahara from Wednesday midnight and started normal operations.

Sahara resumed the charge after the expiry of deadline for transaction of acquisition of Air Sahara by Jet Airways.

When contacted a Sahara Group official told PTI from Lucknow that, "We have resumed charge and have started operating the airline from midnight last night."

The move 
comes after the Rs 2,300 crore acquisition of Air Sahara by Jet Airways collapsed, more than five months after the biggest deal in Indian civil aviation sector was announced.

Air Sahara President Alok Sharma had told reporters in New Delhi late last night that if there was no response from Jet Airways, Sahara group would take back control of Air Sahara operations.

 

"Wish us luck, Air Sahara is on its own from tomorrow," Sharma told reporters.

 

With this, management control of Air Sahara, which was being virtually run by Jet for the past few months, would be restored to Subroto Roy's Sahara Group.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement