Air India, Indian Airlines merger flawed: Parliament committee

NEW DELHI: A parliamentary committee Friday called the merger of Air India and Indian Airlines a "marriage of incompatible individuals" and said
the two aviation companies should work separately, though under a common holding company.
The Committee on Public Undertakings presented in the LOK Sabha its report on the National Aviation Company of India Ltd (NACIL)- the merged entity of the erstwhile Air India and Indian Airlines. It was tasked to find "the root cause of malaises and propose ways for revival of the PSUs".
"The so-called merger was an ill-conceived and erroneous decision neither arrived at by the two airlines on their own accord nor mutually considered by them to be in their best interests," Committee Chairman V. Kishore Chandra Deo said.
Deo said the NACIL was "slipping into an abyss".
12/03/10 IANS/Economic Times

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Categories: Air India - International Mar 2010, Air India Domestic Mar 2010, NACIL Mar 2010