Friday, October 13, 2006

AI, IA may be merged under new company

New Delhi: The grand plans for a marriage between Air India and Indian Airlines are finally ready. As per a final proposal — penned by wedding planner Accenture-led consortium — a new corporate entity should be set up and the two airlines, along with all their independent business ventures, are to be merged into this new company.
This new company will be governed by a board of directors and have one group chairman & managing director as the top boss. This firm will have six business units — run by independent CEOs — to manage the different businesses of running a low-cost airline, maintenance & engineering (MRO), catering, ground handling and integrated passenger services for domestic and international.
This would, in effect, mean that a single airline company will be formed — the brand for which is yet to be finalised — which will operate both domestic and international flights, as also full-service and low-cost operations.
13/10/06 Byas Anand/Times of India
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