Saturday, December 06, 2014

Govt to set up expert panel for Air India revival plan

New Delhi/Mumbai: By the end of this month, the government will constitute an expert committee, comprising senior personnel with experience in the aviation industry, to set a road map for the cash-strapped public-sector carrier, Air India.
The committee of four or five experts will be asked to give by March-April a report outlining measures to help the carrier realise its full potential.
Separately, Air India is seeking a mid-term review of its turnaround plan, after several of the initial estimates regarding fuel price, exchange rate and market growth turned out to be wrong.
“We are examining options of inducting former civil aviation secretaries and former Air India chairmen-cum-managing directors in the committee. Former Air India managing director Michael Mascarenhas would be a good person to have on board,” said a senior civil aviation ministry official.
 Veterans with extensive knowledge of the transport infrastructure sector, such as former Delhi Metro Rail Corporation chairman E Sreedharan, could also be approached. However, the priority is inducting professionals from civil aviation background.
06/12/14 Sharmistha Mukherjee & Aneesh Phadnis/Business Standard
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