The Board of Directors of airliner Deccan have given a green signal for its merger with high end Kingfisher Airlines.
Speaking at the end of Board meeting, Deccan Managing Director Capt G R Gopinath said the board discussed and later unanimously accepted the recommendations of the consulting firm Accenture.
The decision was made without any descent, he said.
The Chairman of the UB Group and Kingfisher Airlines chief Vijay Mallya was also present at the board meeting, he said.
It had been decided that Mr Mallya would be the Chairman and CEO of the new entity, Capt Gopinath said.
Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion More