New details emerged regarding the failed merger of Jet Airways and Air Sahara (ATWOnline, June 23) as the legal fight between the carriers escalated and may be headed for India's Supreme Court. In an extensive interview with India's Financial Express, Air Sahara President Alok Sharma claimed Jet wanted to cut its $500 million acquisition price by 10%-20%, which Air Sahara "summarily rejected," effectively killing the deal. "The main reason behind the breakup is Jet Airways' financial ...

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