Monday, July 23, 2018

Under the scanner, AirAsia is scrambling to find a CEO

Low-cost Malaysian airline AirAsia India has been under a CBI investigation due to alleged rule-rigging attempts. Because of this, the airline’s CEO post has been vacant, after Amar Abrol left in June. Reportedly, the company had approached JetBlue executive Eash Sundaram, but he didn’t accept the offer.

Sources told Economic Times, “Sundaram has turned down the offer because of the CBI cases against the airline, which will now have to look for a new replacement.” Tata Group, which has 49 percent stake in AirAsia, was pushing for Sundaram, who is the chief technology officer of American airline JetBlue.

Apart from Tata Group, AirAsia Berhad of Malaysia also owns 49% of the local airline. Since its inception, CEOs for the local AirAsia were chosen by the management of AirAsia Berhad.
23/07/18 moneycontrol.com
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