Air India and Jet Airways may soon have a new competitor in the international skies. Air Deccan has recently written to the government asking for an in-principle approval to fly overseas from August next year. Deccan completes five years of operation next year and becomes eligible to flay abroad. Deccan has applied for permission to fly to Gulf, Southeast Asia, London and the United States. It is Vijay Mallya who will be the happy man. Mallya who now owns 46 per cent in Air Deccan plans to use Deccan''s rights to take his Kingfisher airline abroad even though it has completed a little over two years in the Indian skies.
Destinations in the US would be Kingfisher''s main goal. Kingfisher and Air Deccan have also mandated Accenture to suggest better synergies between the two airlines. Meanwhile UB Holdings is expected to raise about Rs 100 crore soon to retire old debt as well as pour in more money into Mallya''s aviation dreams.
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