Tag Archives: Sale

Your opinion: Question of the week: Is Jet Airways too financially weak? What should existing investors do?

by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing concern on the agreement to …

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Have your say: Question of the week: Will the Jet Etihad deal fructify? Will Jet survive?

by Devesh Agarwal We welcome your feedback and comments on the Jet-Etihad deal. Without a doubt the humongous increase in seat capacity offered to the Abu Dhabi government by India has some quid-pro-qua links to the Jetihad deal. There is also talk that the bilaterals seat increase was to pacify the UAE government after their telecom company allegedly lost over …

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Analysis: Will Jetihad lop-sided deal favouring Etihad be corrected or be an eye-wash?

by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The deferral has also shed light …

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Emirates’ business class sale

To boost flagging passenger loads, Dubai based Emirates airline, has announced a sale on its’ Business Class fares worldwide ending on June 6, 2013 for travel between July 12, and August 4, 2013. Ex Bangalore, tickets prices start at Rs. 72,356 for Dubai, Rs. 141,916 for London, and Rs. 206, 871 for New York. Mr. Essa Sulaiman Ahmad, Vice President, …

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