Corporate News     01-Dec-22
EaseMyTrip to foray air charter services with acquisition of Nutana Aviation
EaseMyTrip today announced it will invest in and acquire Gujarat's GIFT city-based Nutana Aviation. The acquiree company is in the business of offering charter solutions to clients in India and abroad.

Nutana Aviation leases charter aircraft enabling operators to run efficiently along with proving charter booking services to its clients, within and outside India.

With this acquisition, EaseMyTrip will add a new segment that will 'fast-track' its growth. The acquisition is a strategic decision which comes in line with its continued diversification plans of developing a comprehensive travel ecosystem. Via this acquisition, the company is focused on growing inorganically and attain profits. This will ensure that the company caters and expand its footprints to the international markets.

Under this transaction, EaseMyTrip will hold a majority stake in the Nutana aviation. Post investment by EaseMyTrip, Nutana Aviation will continue to run and operate as an independent entity.

Previous News
  EaseMyTrip.com wins MICE Excellence Award
 ( Corporate News - 13-Jun-24   09:59 )
  EaseMyTrip.com opens franchise store in Jalandhar
 ( Corporate News - 28-Sep-23   12:51 )
  Easy Trip Planners announces board meeting date
 ( Corporate News - 02-Feb-24   16:10 )
  EaseMyTrip.com partners with Vi
 ( Corporate News - 06-Dec-23   10:21 )
  Easy Trip Planners fixes record date for interim dividend
 ( Market Beat - Reports 05-Dec-23   15:38 )
  Easy Trip Planners to table results
 ( Corporate News - 09-Aug-23   16:51 )
  Easy Trip Planners to conduct board meeting
 ( Corporate News - 06-Dec-23   11:50 )
  Easy Trip Planners consolidated net profit rises 4.02% in the September 2022 quarter
 ( Results - Announcements 12-Nov-22   08:17 )
  Easy Trip Planners launches its first franchise store in Karnal, Haryana
 ( Corporate News - 15-Apr-24   11:06 )
  EaseMyTrip becomes the official travel partner for Sharjah Warriors
 ( Corporate News - 20-Jan-23   10:08 )
  EaseMyTrip.com inks MoU with UP tourism board to boost state’s eco-tourism
 ( Hot Pursuit - 01-Jul-24   11:24 )
Other Stories
  Tinna Trade raises Rs 49 cr to fund its growth plans
  06-Jul-24   11:10
  Integra Essentia announces merger with G G Engineering
  06-Jul-24   11:05
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
  Oriental Hotels to conduct board meeting
  06-Jul-24   10:29
Back Top