Saturday, August 22, 2015

Mittu Chandilya becomes AirAsia India's Managing Director in addition to his role as CEO

Mumbai: Budget carrier AirAsia India has appointed Mittu Chandilya as its Managing Director, which will be in addition to his current CEO role.

Now, Chandilya, who has been serving as CEO since the inception of the no-frills airline, would be part of the board.

In a statement on Thursday, the carrier said its board has appointed Chandilya as MD and the first full time Independent Executive Director of the company.

The move is part of a major management restructuring exercise being undertaken at the low cost carrier.

"He has managed to propel the airline forward in terms of its scale of operations and turn every challenge into an opportunity by building an agile and secure operations structure," AirAsia India's Chairman S Ramadorai said.

The entity is a three-way joint venture in which AirAsia Berhard owns 49%, Tata Sons has 30% and the rest is with Arun Bhatia's Telestra Tradeplace.
21/08/15 PTI/Daily News & Analysis
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