My Account Menu

CAPA Login

Register to trial CAPA Membership!

Kingfisher submits its bid to acquire Air Sahara


SYDNEY (Centre for Asia Pacific Aviation) - Kingfisher Airlines confirmed it submitted a bid to acquire 100% of Air Sahara.

Meanwhile, Kingfisher also confirmed plans to launch an IPO by Mar-06 to raise up to USD200 million to fund fleet and route expansion plans.

Kingfisher Airlines. “We plan to raise around USD200 million in 2006 through an IPO, as part of our first phase requirement for expansion of the Kingfisher fleet”, Vijay Mallya, Chief of UB Group.

News such as this delivered daily to your inbox from the Centre's Asia Pacific Airline Daily. Click the icon below for more information.


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.