kingfisher & air deccan

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MERGER & ACQUISITION: 

MERGER & ACQUISITION KINGFISHER AIRLINES & AIR DECCAN

KINGFISHER AIRLINES: 

KINGFISHER AIRLINES

INTRODUCTION: 

INTRODUCTION Operations started – 9 May 2005. Registered Office – UB Towers, B’Lore. Head Office – Kingfisher House, Mumbai.

Cont…,: 

Cont…, United Breweries Holdings Limited (UBH), is the parent company of Kingfisher Airlines (Kingfisher). Chairman – Dr. Vijay Mallya.

Cont..,: 

Cont.., First flight from Mumbai to Delhi. First international flight from B’lore to London on, 3 September 2008. First Indian flight to have IN-FLIGHT ENTERTAINMENT (IFE) system. Welcome kit. Pen, Facial tissue, & headphones. Live TV. On screen Safety Demonstration.

Destination…: 

Destination… Domestic – 65. International – 7 across Asia & Europe

AIR DECCAN: 

AIR DECCAN

INTRODUCTION: 

INTRODUCTION Started by Cap., G R Gopinath. First flight on, 23 August 2003 from Hyderabad to Vijaywada.

Cont.., : 

Cont.., Common Man’s Airline. Tag Line – “Simpli-Fly”. First Indian airline to fly to second tier cities like Mangalore, Madurai and Vishakapatnam from Metropolitan areas like B’lore and Chennai.

Cont..,: 

Cont.., Deccan planned to offload 25 percent of its stake in the initial public offering (IPO). Its share price suffered a beating and dropped to about 50 percent of the issue price of Rs 148.65.

PowerPoint Presentation: 

KINGFISHER AIRLINES Acquired AIR DECCAN

Introduction: 

Introduction On 31 May 2007 UBH (kingfisher) acquired 26% stake of Air Deccan. UBH paid 5.5billion to acquire the stake. Additional 20% stake.

Cont..,: 

Cont.., Air Deccan renamed as Kingfisher Airlines. New CEO and Chairman – Vijay Mallya. Vice chairman – G R Gopinath.

Cont..,: 

Cont.., The merger will create the largest player in the domestic aviation market. The new firm will operate two separate brands – Deccan and Kingfisher. From August 2008, the merged firm will have a right to fly overseas. Deccan will fly to West Asian countries, while, Kingfisher's target will be to touch down at San Francisco and New York from Bangalore.

THANK YOU: 

THANK YOU By- mallinath