Read more »

"/>

Jet Airways to Buy Sahara Airlines

If that headline meant nothing to you, then you haven’t been following the crazy world of India’s airline industry (and I applaud you for not being a complete freak).  Jet Airways, India’s largest domestic carrier, purchased Sahara Airlines for about $500 in what many think is just the first bit of consolidation in the rapidly growing industry.  How fast is India’s airline biz expanding?  Domestic ticket sales rose 56% last year, and India’s airlines placed $13.6 billion worth of orders for 150 new aircraft—more than any other country.  Plus, 12 airlines have applied for certificates to fly in the country.  It’s a free-for-all over there, and this is just the first step in rationalizing the growth.

Did you enjoy this post?
Sign Up to Receive 1 Email Each Day
Join the more than 7000+ people who get 1 email each day with all the airline news, credit card ideas and general nonsense we've provided for more than 10 years.

Leave a Comment


NOTE - You can use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>