Thread Rating:
  • 10 Vote(s) - 2.7 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Sun TV's Kalanithi Maran in talks to acquire GoAir: report
Kalanithi Maran of Sun TV Network is in talks with the Wadias to acquire low cost carrier GoAir, according to a report.

The report stated that Go Air purchase will give Maran a 20% share in the market and a 60% share in the budget carrier market.

There are report that the airline currently has a fleet of 10 Airbus A320s, half of which will now be in Delhi and plans to expand its fleet to 20 by 2014.

Go Air has a debt size of around Rs. 8bn, adds report.

Thanks given by:

Possibly Related Threads...
Thread Author Replies Views Last Post
  General News: ZEEL calls off deal to acquire 9X Media nairrk 0 778 03-16-2018, 07:01 PM
Last Post: nairrk
  General News: 21st Century Fox in talks with Disney to sell assets including Star India nairrk 0 941 11-07-2017, 06:01 PM
Last Post: nairrk
  General News: NBSA asks Zee News to pay fine, air apology for ‘Afzal Premi Gang ka Mushaira’ report nairrk 0 804 09-02-2017, 10:29 AM
Last Post: nairrk
  General News: Doordarshan in talks with Disney for Kiddy content in evening slots nairrk 0 601 07-05-2017, 01:37 PM
Last Post: nairrk
  General News: HomeShop18, Shop CJ in merger talks nairrk 0 849 06-23-2017, 11:32 AM
Last Post: nairrk
  General News: Doordarshan to acquire sports rights, begins exercise to beef up DD Sports nairrk 0 539 12-19-2016, 11:54 AM
Last Post: nairrk
  Update: India TV’s Rajat Sharma in talks to acquire 9X Media: Report rahul1117_kumar 0 1,001 11-30-2016, 10:59 AM
Last Post: rahul1117_kumar
  General News: ZEEL to acquire Reliance entertainment TV business nairrk 0 1,011 11-23-2016, 06:28 PM
Last Post: nairrk
  Breaking News: FIPB defers Snapdeal’s proposal to acquire stake in tele shopping JV with DEN adithya 0 949 05-19-2016, 11:20 AM
Last Post: adithya
  General News: Zee Media to acquire 80% of TMPL for Rs 153.5 cr, TV Today to be issued CCDs Mr.Bhat 0 594 04-11-2016, 06:25 PM
Last Post: Mr.Bhat

Forum Jump:

Users browsing this thread: 1 Guest(s)