Rising yields boost Deccan as Kingfisher merger approaches

Deccan Aviation, which is in the process of merging its Deccan subsidiary with Kingfisher Airlines, reported a pre-tax loss of INR1.98 billion ($49.6 million) in the third fiscal quarter ended March 31, improved slightly from a INR2.12 billion deficit in the year-ago period. It credited a 36% rise...

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