Low-cost airline easyJet moved closer to completing its takeover of rival Go when shareholders backed the proposed £374 million deal.
As well as clearing the merger for take-off, investors approved easyJet's plans for a £276.7 million share rights issue to fund the deal.
The Luton-based airline, which operates out of Gatwick, expects the Go tie-up to be completed by the end of next month, although passengers are unlikely to see any operational changes until the start of next summer.
Among the remaining hurdles facing easyJet is regulatory clearance in the UK and Spain for the takeover.
On July 9, easyJet should discover the success of the rights issue, under which shares are being offered to existing shareholders at a discounted 265p.
The company has underwritten the rights issue and intends to meet the remainder of the cost from existing funds.
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