This case study is a sequel of the case titled, ‘The First Low Cost Carrier of India’ written by the present author in the year , when the homegrown airline Air. Accenture favours a merger between Air Deccan and Kingfisher Airlines. The Kingfisher Airlines-Deccan Aviation merger swap ratio has been fixed at This means shareholders in the UB group-promoted.
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7:3 swap for Kingfisher-Deccan merger
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Drag according to your convenience. The new bigger airlines will lead to substantial synergies, better productivity and lower operational costs, the merger will enable us to fly overseas from August next, especially across Europe and the Megger.
Both the airlines will retain their brand entities and also leverage respective business strengths.
Kingfisher to merge with Air Deccan | Business Standard News
Both currently operate a combined fleet of 78 Airbus and ATR aircraft with Kingfisher having new Airbuses on order including 5 Aswhile Deccan has 54 Airbus A family aircraft awaiting delivery. After the merger, Vijay Mallya will serve as chairman of the new entity, while co-founder of Deccan Aviation, Capt Gopinath will be its vice-chairman.
Trade unions have kinbfisher their weight behind Tata Motors.
Officials from the factories serving the iconic brands believe that the Indian auto maker would offer more long-term security than One Equity, the other leading bidder.
Jaguar and Land Rover together employ 15, people in Britain and it is understood that Tata Motors plans to retain all three UK factories.
Benefits of Kingfisher-Deccan merger
Meanwhile, the Wilbur Ross consortium is understood to be making efforts to renegotiate with IFCI to put in a bid though its officials maintain that legally, IFCI cannot entertain any offers from this process. My Saved Articles Sign in Sign up.
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