Kingfisher-Deccan merger gets Karnataka HC nod

MUMBAI, June 18 (Reuters) – The Karnataka High Court has given the nod for the Kingfisher Airlines-Deccan Aviation (DECA.BO: Quote, Profile, Research) merger, according to a spokesman for Kingfisher.
“The judge has pronounced his order sanctioning the scheme, orally in the court, on Monday June 16,” he said in an e-mail to Reuters.
Deccan Aviation is in the process of merging the scheduled airline operations of unlisted Kingfisher Airlines, to create one of the biggest air carriers in the country and pave the way for the latter to fly overseas. (Reporting by Aniruddha Basu; Editing by Ramya Venugopal)
Wed Jun 18, 2008 10:45am IST
http://in.reuters.com

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