New Delhi, June 22
Within hours of the mega deal to acquire Air Sahara by Jet Airways for Rs 2,300 crore collapsing last night, Sahara Group resumed charge of its airlines and started normal operations.
The two sides also swung into action to minimise damages in the face of legal actions initiated by both.
Air Sahara had late last night said if there was no response from Jet Airways, the
management would take back the charge of the airline.
Air Sahara President Alok Sharma, after taking charge of the airlines, told reporters at the airport in the morning that there was energy and enthusiasm among the people behind the counters and that there was positive attitude towards the airlines. He also refuted reports of Air Sahara making losses in the past few months.
Meanwhile, reports emerging from the two quarters said the top management of the two airlines were huddled in long meetings and were also engaged in consultations with legal experts to deal with the cases filed by them in Mumbai and Lucknow courts.
At Air Sahara, Mr Sharma held a series of meetings with heads of departments of the airline to restore normalcy in the operations, which were in a state of flux.
While Air Sahara this afternoon filed a caveat in the
Lucknow Bench of the Allahabad High Court as a preventive step to guard against
any ex-parte hearing or order in the case, Jet counsel Rajesh Tiwari said in Lucknow that they had not moved the High Court and would appear before the lower court as the former had approached the District Court.
Reports also said that the top management of Jet Airways also held a series of meetings to look at the legal tangle which it was facing at the hands of Air Sahara after the deal fell through.
However, there were no details available of what transpired at the meetings.
