Jet, Air Sahara argue over escrow account, jurisdiction
Jet Airways and Air Sahara continued to spar in a Lucknow court Friday over the fate of a INR5 billion ($108.5 million) escrow account tied to Jet's aborted acquisition of its rival ( ATWOnline , Jan. 23) . After hearing arguments, a judge froze the account and postponed the hearing until June 30...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
