The much speculated M&A of the year 2007 gets it to its final state. Having holding the larger market share Jet’s decision to buy out Sahara ensures its uno position for longer times to come. What was the need now? It made sense then. But Kingfisher backed out long back. In lieu of the fact that Government is not giving any additional rights to fly, Sahara justifies the union by saying it’s a win-win considering the fact that Jet get additional flight to run between lucrative Delhi- Mumbai sector on a platter plus other logistical benefits. How much I wish to jump into Goyal’s mind and understand for myself the real thought that went behind before signing the dotted line!  Read more...