Thursday, July 18, 2013

Air India board meeting reviews financial, operational performance

New Delhi: Air India's financial and operational performance as part of its turnaround process came up for a review at the airline's Board meeting here today.
The meeting was attended by five new part-time directors, who were appointed recently, apart from the national carrier's top management and Civil Aviation Ministry representatives, airline sources said.
The management made a presentation before the new Board on the progress made on its turnaround and financial restructuring plan, they said. This was the first meeting attended by the new members.
The government had in May appointed five part-time directors to the Air India Board. They were academicians Gurcharan Das and Prem Vrat, Air Marshal (Retd) K K Nohwar, IIM professor Ravindra Dholakia and asset management professional Renuka Ramnath.
19/07/13 PTI/Economic Times
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