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.