Kingfisher-Deccan merger gets Karnataka HC nod
The Karnataka High Court has given the nod for the Kingfisher Airlines-Deccan Aviation 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.
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