Kingfisher-Deccan eye Rs 300cr savings-Video

 Kingfisher Airlines and Deccan Aviation will save Rs 300 crore in the first full year of operation by working together, Vijay Mallya chairman of the UB Group, said at a press conference here today.

The savings would come from a common sharing of engineering services, spares, employees, pilots, other crew, and ground-handling facilities.

The combined revenue of Kingfisher and Air Deccan airlines in FY07-08 is estimated at Rs 6,000 crore. Mallya said,