Air Deccan open to acquisitions

Within weeks of overtaking Indian as the second largest airline in the country, Air Deccan has said that it is `open' to acquire another domestic airline as it sets its sight to replace Jet Airways from its top position.
In what is seen as a clear indication of the airline's growing strength in the industry, the Air Deccan Managing Director, Capt G.R. Gopinath, told Business Line that the airline is willing to acquire another domestic carrier if it can lead to increase in market share.
He, however, said that the airline is currently not considering any acquisitions.
Capt Gopinath laid down three conditions for acquiring another airline. First, the acquisition should lead to increase in market share.
Second, there should be synergies in terms of operations and culture and third, the acquisition should bring value to the airline in terms of better technology.
24/08/06 Business Line/Moneycontrol.com

To Read the News in full at Source, Click the Headline