Friday, November 24, 2017

Air India CMD Rajiv Bansal gets three-month extension

New Delhi: Rajiv Bansal has been given a three-month extension as the CMD of disinvestment-bound Air India, according to a senior government official.
The tenure extension for Bansal as Chairman and Managing Director (CMD) comes at a time when the government is in the process of finalising the modalities for the airline's strategic disinvestment.
A civil aviation ministry official today said Bansal has been given an extension as CMD of Air India for three months.
An order in this regard was issued on Thursday.
During his three-month tenure, Air India launched services to Copenhagen, among others. He also initiated various steps to reduce costs and improve on-time performance of flights.
"We will plan to work on profitability with a missionary zeal, improve our on time performance and ensure customer satisfaction," Bansal had said soon after assuming charge as the CMD in August.
He was initially appointed for a period of three months.
24/11/17 PTI/Times of India