Tuesday, June 29, 2010

Air India turnaround plan reviewed

Mumbai: Air India's five-year turnaround plan for financial revival of the ailing national carrier was today reviewed at its Board meeting in the presence of Civil Aviation Minister Praful Patel.
The plan for 2010-14 envisages revenue enhancement and expenditure reduction over different phases, airline sources said.
CMD Arvind Jadhav and newly-appointed Chief Operating Officer Gustav Baldauf gave a presentation on the plan at the three-hour long meeting, which was also attended by Civil Aviation Secretary Madhavan Nambiar, they said.
28/06/10 Press Trust of India
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