Yup, just saw it on the news.
Jet Airways has bought 100% stake of Air Sahara. The deal is worth $500 m (Rs. 2200 cr) and the funding is totally by own sources. Now Jet has a market share of 47%.
Well, so no more spotting of those Air Sahara birds

. Gonna miss that livery too

P.S - I better hurry and take some snaps of Air Sahara before they are turned into Jet Airways.........