AF185 From Hong Kong, joined Sep 2012, 117 posts, RR: 0 Posted (5 months 4 weeks 23 hours ago) and read 3091 times:
Quote: Jet Airways (India) Ltd. (JETIN), Asia’s second best-performing airline stock this year, is in talks with Eithad Airways to sell a stake, an Indian government official said today.
SpiceJet Ltd. (SJET), the nation’s only publicly traded discount carrier, is in discussions with Malaysia’s AirAsia Bhd. (AIRA) for a stake sale, the official, who asked not to be identified citing rules. The government expects Jet Airways’ deal with Abu Dhabi- based Etihad to conclude in 45 days, the official told reporters in New Delhi.
Jet Airways executives, including Chief Commercial Officer Sudheer Raghavan, are in Abu Dhabi for talks on the stake sale, Economic Times reported, citing people it didn’t identify. A deal will help the Indian company tap the Gulf carrier’s global network, while Etihad can benefit from rising travel demand in India, said Binit Somaia at CAPA Centre for Aviation.
Nimish From India, joined Feb 2005, 3078 posts, RR: 9 Reply 3, posted (5 months 4 weeks 18 hours ago) and read 2651 times:
I hope this closes soon and EY does indeed push 9W into Skyteam. That would leave *A begging AI to come back to it's fold - quite a hilarious situation given the current events where it's AI pleading to be let (back) into *A.
ual777uk From United Kingdom, joined Nov 2005, 3355 posts, RR: 1 Reply 5, posted (5 months 4 weeks 16 hours ago) and read 2390 times:
But are we not forgetting that Jet have made it perfectly clear in the past that they are not interested in ST. Cash injection from EY or not that anymore than EY injecting cash into AB has seen them jump ship etc.
Quoting IndianicWorld (Reply 1): Its not exactly set on one alliance and looks set to instead have a foot in all corners.
goacom From United States of America, joined Feb 2009, 72 posts, RR: 0 Reply 6, posted (5 months 4 weeks 13 hours ago) and read 2170 times:
Quoting Nimish (Reply 3): I hope this closes soon and EY does indeed push 9W into Skyteam. That would leave *A begging AI to come back to it's fold - quite a hilarious situation given the current events where it's AI pleading to be let (back) into *A.
I highly doubt *A would want anything to do with AI under any circumstances. The "baggage" that AI carries (no pun intended) would be too much for them to handle.
LJ From Netherlands, joined Nov 1999, 4149 posts, RR: 1 Reply 8, posted (5 months 4 weeks 9 hours ago) and read 1937 times:
Quoting delimit (Reply 2): More potential alliance drama for India. Fun!
It's about time a Bollywood producers makes a movie or soap about the Indian aviation industry... Enough real life material I would say.
Quoting ual777uk (Reply 5): But are we not forgetting that Jet have made it perfectly clear in the past that they are not interested in ST. Cash injection from EY or not that anymore than EY injecting cash into AB has seen them jump ship etc.
Yeah, just like QR didn't want influence at CV. Depending on how much of 9W we're talking, EY will want influence if they get 25% or more. You don't buy a stake in an airline just as an investment. You buy it to become part of the strategy you want to pursue (and it doesn't look as if EY wants to have very close ties with Star lately).
HAWK21M From India, joined Jan 2001, 31201 posts, RR: 58 Reply 9, posted (5 months 3 weeks 5 days 19 hours ago) and read 1455 times:
9W needs the cash......with salaries being paid after the 15th each month......Three B737s declared AOG and 6 powerplants needed to name a few issues........
KL577 From Netherlands, joined Oct 2006, 750 posts, RR: 0 Reply 10, posted (5 months 3 weeks 5 days 19 hours ago) and read 1444 times:
Quoting LJ (Reply 8): It's about time a Bollywood producers makes a movie or soap about the Indian aviation industry... Enough real life material I would say.
Somewhat off-topic, but Indigo has made some steps into the entertainment sector:
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