Arvind Jadhav, a senior IAS officer and the current CMD of Air India, was sent back to parent Karnataka cadre.
Rohit Nandan, an Indian Administrative Service officer, and currently a joint secretary in the Ministry of Civil Aviation is set to become the new chairman and managing director of Air India. He will be replacing Arvind Jadhav, who is being shown the door for poor management and the galloping losses the national carrier has suffered.
Rohit Nandan will continue to work as Chairman and Managing Director (CMD) of national carrier Air India for one month or till Ashwani Lohani takes over from him.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Air India's outgoing CMD Rohit Nanda helped the airline tide over crisis.
Rohit Nandan, secretary, ministry of skill development and entrepreneurship, talks to Anjuli Bhargava.
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
In one step forward, the Civil Aviation Ministry on Wednesday met for the first time to decide on allowing the Airbus A-380s to operate at some airports, years after some major foreign carriers sought the right to fly these superjumbos to India.
Activist Subhash Chandra Agarwal had appealed to the CIC saying that the government had not provided "any information on the ground that the desired records constituted Cabinet papers and therefore could not be disclosed."
Boeing's 50 Dreamliners in service have been grounded since mid-January following two incidents involving battery problems.
A draft note has been prepared for circulation among the concerned ministries to enable the Cabinet take a decision on the policy, which is based on the recommendations of the Rohit Nandan Committee to connect smaller towns and cities on a low -cost basis, the sources said.
Jet's flights to Abu Dhabi could be used to carry passengers from India headed for the US and Europe.
The announcement by Air India CMD Rohit Nandan came on a day when two of the airline's six Dreamliners resumed commercial operations and operated regular flights from Delhi to Bengaluru and Kolkata.
In an attempt to plug revenue loss of Air India, Civil Aviation Minister Ajit Singh has imposed a blanket ban on excess baggage checked in by ministers and civil servants, which is generally carried free by the airlines
Biggest problem that Nandan faces is being able to simultaneously improve Air India's earnings and decrease debt.
The development comes four days ahead of the launch of a training programme for pilots to fly the Boeing 787 Dreamliners.
Board also discussed the modified turnaround plan.
The government-owned airline has 63 narrow body planes from Airbus, including the A319 and A321.
In December 2005, AI had ordered 111 aircraft worth Rs 46,000 crore.
Ashwani Lohani is presently working as Managing Director of Madhya Pradesh Tourism Development Corporation in Bhopal.
Leading London-based NRI industrialists have evinced "keen interest" in investing in new projects in Uttar Pradesh including a new airport near Delhi, a senior state official said on Tuesday.\n\n\n\n
Air India has deployed a B787 Dreamliner aircraft for the Delhi-Moscow-Delhi sector and offered attractive promotional fares.
Air India's financial and operational performance as part of its turnaround process came up for a review at the airline's Board meeting in New Delhi.
A total of 11 flights have been delayed so far.
The Government had on August 11 approved three-month extension to Nandan "with the direction that the process of selection of a new CMD may be completed in the meantime.
Air India had last year faced about two-month-long strike by its pilots.
A Boeing team of experts would be flying to India to assess the situation arising out of a series of faults in Air India's Dreamliner aircraft, even as the airline insisted that the aircraft is safe.
The airline had renewed its insurance on Oct 1 for nearly $29 million to cover its 132 aircraft.
But the regulator has dropped the proposal of asking flyers to maintain 30 seconds of silence.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
Air India would add about 400 daily flights and over 40 new destinations in India to the 27-member Alliance network of over 18,500 daily flights to 1,316 airports in 195 countries.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
As Kashmir valley remains under flood water, Air India has decided to ferry free of cost tourists trapped in Srinagar while Gujarat and Bihar governments are sending 75,000 food and dry food packets for affected people.
While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.
Prasad asked private operators to play a role in skill development.
Civil Aviation minister says that certain regulations restricting the growth in the aviation sector needs to be re-looked to attract investments.
On Monday night, Air India hosted a dinner Melbourne for the Indian diaspora and Australian leader and government officials to mark its launch in Victoria.
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
Three key babus will make room for a new set of officers to carry the baton of Budget programmes.
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