Monday, May 29, 2006

Air Sahara set to be renamed TransJet

Mumbai: In a move to phase out Air Sahara's identity, private carrier Jet Airways is planning to rename Air Sahara as TransJet. When contacted, Jet Airways chief executive officer Wolfgang Prock-Schauer refused to divulge the new name, but said, "We are definitely planning to give a new identity and corporate logo to Air Sahara for the interim period till the deal goes through. Once Air Sahara is finally merged with Jet Airways, the new name will cease to exist."
Air Sahara is already running as a subsidiary of Jet and the new entity, TransJet, will house all of Air Sahara infrastructure and assets. In a high-level meeting held last week, the top brass were asked to suggest a probable name for the new entity and 'TransJet' was decided after a consensus. However, Jet is yet to seek the mandatory permission required from the DGCA for a name change.
28/05/06 Financial Express