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Kingfisher Not Interested In Air Sahara  
User currently offlineHimmat01 From India, joined Dec 2004, 1055 posts, RR: 6
Posted (10 years 4 months 3 weeks 1 day 19 hours ago) and read 3511 times:

Kingfisher has withdrawn from the race to take up a stake in Air Sahara. VM said that he was no longer interested in S2 as Kingfisher was doing well. A further added that the delivery of A330s would commence in 2007 3Q. and that of A380 in 2010.


An airplane might disappoint any pilot but it'll never surprise a good one.
2 replies: All unread, jump to last
User currently offlineNimish From India, joined Feb 2005, 3395 posts, RR: 11
Reply 1, posted (10 years 4 months 3 weeks 1 day 19 hours ago) and read 3501 times:

My reading of this announcement is:

1. IT trying to bring S2's price down by feigning lack of interest
2. Mallya has some inside news that IT may be allowed international flights sooner than the current 5 year period. Hence the value of S2 goes down tremendously.

I wish IT all the best - and am glad they're not buying S2 - which would have probably weighed IT down with all it's accumulated debt and mess.

Latest Trip Report - GoAir BLR-BOM-BLR
User currently offlineHAWK21M From India, joined Jan 2001, 31875 posts, RR: 54
Reply 2, posted (10 years 4 months 3 weeks 1 day 18 hours ago) and read 3475 times:

Quoting Nimish (Reply 1):
IT trying to bring S2's price down by feigning lack of interest

VM is a Smart Businessman.

Think of the brighter side!
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