Saturday, June 02, 2018

Tough action needed to turn around Air India: Anand Mahindra

Chennai: With the Government's effort to privatise Air India eliciting no response from prospective bidders, Anand Mahindra, chairman of the Mahindra group, has called for a tough action to turn the government-owned airline around.

“Swift and decisive action would find widespread support,” he said. In a series of tweets, Anand Mahindra said that it was “time to turn a crisis into an opportunity.” He listed a few suggestions for the government in its effort to turn around the airliner. He wanted the government to do, among other things, the following:

1. To resolve that a sale will be made only after the turn around.

2. To identify and appoint a government official with the potential and passion of an E. Sreedharan as Chairman and CEO.

3. To provide full autonomy to the chairman and CEO with a target horizon for a turnaround.

4. To provide the chairman complete insulation from political pressure.

5. To provide full moral support to the chairman for all tough measures that will be required.
01/06/18 K.T. Jagannathan/The Hindu
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