Mumbai: Malaysian budget airline AirAsia has conveyed to the Ministry of Civil Aviation (MoCA) that the CFO and COO for its Indian arm are both going to be Indian nationals and it has submitted the names of its six directors for obtaining security clearance from the Ministry of Home Affairs, as per an ET report. A security clearance for the board of directors is a prerequisite for AirAsia India to receive a No-Objection Certificate (NoC) from the MoCA to launch operations. The security clearance could take anywhere between a month to three or more. AirAsia India appointed an Indian CEO, Mittu Chandilya, to head AirAsia India on May 15 but the names of the CFO and the COO have not been decided yet.
“They have conveyed to us that the CFO and the COO are going to be Indians. But names of Board of Directors need security clearance irrespective of nationality. We have to submit this list to Home Ministry and we plan to do it on Wednesday," a senior MoCA official said.
23/05/13 TravelBizMonitor
