Friday, January 04, 2013

5-member body set up to suggest steps for Air India turnaround


New Delhi: A committee was set up today to suggest measures to lower the high costs of Air India's operations and improve utilisation of resources in line with best global practices to help the state-run carrier achieve the goals of its turnaround and financial restructuring plans.
A five-member committee, headed by IIM-Ahmedabad's Prof Ravindra H Dholakia, was set up by Civil Aviation Minister Ajit Singh after a review meeting of the ailing national carrier's functioning.
Though the panel has been given two months to submit its report, it has been asked to give interim recommendations without waiting for its final report so that these could be implemented by Air India immediately, an official spokesperson said.
03/01/13 Economic Times
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