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Bangalore: A lean passenger season, softening ticket yields coupled with the costs of an ongoing merger have resulted in India's biggest low-cost airline, Air Deccan, posting its largest ever quarterly net loss of Rs253.18 crore in the July-September period. This is nearly six times the loss in the year-ago period. The losses in the comparable period last year were markedly less mainly because the airline then had seen a one-time income from outside sources made on asset sales. Deccan Aviation Ltd, the airline's parent company, has been in transition after United Breweries (Holdings) Ltd bought out a 26% stake in the airline on 1 June.
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