Thursday, August 30, 2007

Merged AI-Indian to be restructured

Mumbai: The management of NACL (National Aviation Company), the new holding company formed after dissolving Air India and Indian, is putting together a new structure and hierarchy that will replace the system that existed in the two airlines for the past several decades.
A board meeting of the airline was held on Tuesday and the new structure including eight more directors on the board, four from each airline, will be in place in a few weeks.
The company already has five directors, all bureaucrats, including the chairman and managing director V Thulasidas and the joint managing director V Trivedi. The airline will be worked out on the SBU model and will have six strategic business units dealing with passenger transportation, ground handling, cargo, low cost airlines, maintenance and repair and an allied business unit (infotech, security). The head of each of the units, will report to the joint managing director and the managing director.
There will initially be two directors on the board (one each from Indian and Air India) for each function like finance, engineering, commercial and HR. However, these will be reduced to one as the position will not be filled when the director retires. The two airlines had six subsidiary companies between them, which are now NACL subsidiaries.
30/08/07 Cuckoo Paul/Economic Times
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