Jet Airways' attorneys confirmed yesterday that a new acquisition deal for Air Sahara has been reached (ATWOnline, April 11). The lawyers told reporters in Mumbai that the sides have agreed to an undisclosed purchase price and submitted the accord to an arbitration panel that is resolving disputes related to the carriers' failed merger last year. The panel is expected to sign off on the deal, paving the way for a merger that will give Jet control of about half the Indian domestic market.
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