New Delhi: A committee, which suggested measures to lower the high costs of Air India’s operations and improve utilisation of its resources including manpower, submitted its report to Civil Aviation Minister Ajit Singh here today.
“The recommendations of this committee will have a far-reaching impact on the airline’s financial health. It is a useful report, which could help implementation of Air India’s Turnaround and Financial Restructuring Plans,” Singh told reporters after accepting the report of the panel which has made 46 major recommendations.
Asked how these recommendations would be implemented, he said, “We have to examine them in details... Most decisions will have to be taken by the Air India Board.”
The five-member committee, headed by IIM—Ahmedabad’s Prof Ravindra H Dholakia, was set up in January after a review of the airline’s functioning. It recommended steps to cut costs and increase savings in line with the best global practices.
28/03/13 Business Line
