has said that Kingfisher and Deccan will be separate entities and will have separate formats irrespective of the merger, reports CNBC-TV18.
"Deccan is one of the best low cost carriers. The brands will remain separate and Deccan will continue to cater to the low cost segment and remain one of the best low cost airlines," said Captain , Executive Chairman, Air Deccan.
Earlier, the Chairman, said that would make a presentation to both, the Kingfisher and Deccan Aviation boards. The report added that the Air Deccan Board felt that partnering UB would aid profitability and boost infrastructure. Accenture's report was essentially on synergies between the two companies.
CNBC-TV18's Roshni Menon , spoke to Mr. Vijay Mallya before he was going in for the AGM of Air Deccan, being held in Bangalore. That was to be followed by a board meet of Air Deccan where Accenture was expected to make a presentation to the entire board. Mr. Mallya did say that it is likely that a decision would come out today, but was unwilling to say anymore in terms of what kind of synergies they are looking at.
