Multiple choice

Jet Airways acquired Air Sahara for

  1. Rs. 2100 crore

  2. Rs. 1450 crore

  3. Rs. 2058 crore

  4. Rs. 2060 crore
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Jet Airways acquired Air Sahara in 2007 for approximately Rs. 1450 crore. This was a significant consolidation in the Indian aviation industry. The acquisition helped Jet Airways expand its market share and route network. The deal was renegotiated from an initially higher amount due to regulatory and market conditions.

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