Naresh Goyal Quotations

There is no problem about the deal. I have got information today that we have received the approval from the Department of Company Affairs. We are completing necessary formalities of the acquisition.

Jet Airways selected GE's engines after an in-depth technical and economic evaluation of the available options.

Jet Airways has selected GE's CF6-80E1 engines after an in-depth technical and economic evaluation of the available options.

We are not getting into liabilities. The total deal is valued at $500 million, taking into consideration the parking slot, the infrastructure, the aircraft.

The deal is very good for business, very good for our shareholders, very good for the industry and overall it will prove that in India things can be done better than anywhere in the world.

Once the government approves the deal, the two airlines will be merged and continue their operations as Jet Airways.

In coming months, we will be working towards successfully integrating Air Sahara operations into our own.

The meeting is continuing. We have time till midnight.