New Delhi: National Aviation Company of India Limited, the entity that emerged from the merger of Air-India and Indian, will use the Air-India brand overseas. The company also plans to have a hub in Europe.
Civil aviation minister Praful Patel today said the financial and legal aspects of the merger would be completed by July 15.
The national carriers have already started the process of amalgamation and rescheduling of flights, the minister said. The rescheduling of the flights is expected to generate substantial savings. Consultancy firm Accenture is working on the estimates.
Patel said Air-India would have a hub in Europe.
The minister said the first new wide-bodied aircraft, ordered by Air-India from Boeing, would arrive by June and it would have the new livery and logo of the merged entity.
11/05/07 The Telegraph
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