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Top AI Management Heading For Massive Trim  
User currently offlineAviationbuff From India, joined Mar 2008, 1428 posts, RR: 3
Posted (5 years 5 months 2 weeks 4 days 13 hours ago) and read 2415 times:

Top AI management heading for massive trim and a global ad will be put out for a new chief operating officer for AI.

http://timesofindia.indiatimes.com/A...ssive-trim/articleshow/4749448.cms

Quote:
Sources said the entire top management of Air India is to be recast in the next 30 days. As part of the shake up, several old time directors will be asked to leave and a Professional Chief Operating Officer will be appointed under the CMD. However, the incumbent CMD Arvind Jadhav will continue in office.

TOI also reports that the plan of major shake-up of AI management is to put the airline back on track. There is talk of 7 independent directors being appointed to Air India.

AI badly needs such major revamps to bring in fresh ideas and innovations to transform the airline into profitable and optimize the network by discontinuing the loss making routes and adding new feasible ones. Work towards joining Star Alliance and last but most important is to get some private equity/partnership.

8 replies: All unread, jump to last
 
User currently offlineMHTripple7 From United States of America, joined Feb 2008, 1109 posts, RR: 8
Reply 1, posted (5 years 5 months 2 weeks 4 days 10 hours ago) and read 2303 times:

I think this will be very good for AI. Clearly the current management has done nothing good for the airline and perhaps this shake up will help. Maybe the merger between AI and IC will finally be completed.

User currently offlineGr8Circle From Canada, joined Dec 2005, 3130 posts, RR: 4
Reply 2, posted (5 years 5 months 2 weeks 4 days 10 hours ago) and read 2261 times:

Hopefully the trimming will go down to lower levels too.....the unions will, of course, fight tooth and nail and we can expect a couple of nasty strikes in coming days.....but if they want to survive, AI has to cut down its surplus workforce considerably....

User currently offlineAviationbuff From India, joined Mar 2008, 1428 posts, RR: 3
Reply 3, posted (5 years 5 months 2 weeks 4 days 9 hours ago) and read 2226 times:

Revamp of AI top brass in 30 days

http://www.expressindia.com/latest-n...-AI-brass-in-30-days-Patel/486225/

Quote:
Taking aggressive steps to turn around cash-strapped Air India in two years, Government said a major revamp of its top management would be carried out in 30 days and there would be a partial disinvestment of the national carrier in the near future.

Wow...30 days too short. Good to hear about the disinvestment.


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 47
Reply 4, posted (5 years 5 months 2 weeks 4 days 5 hours ago) and read 2086 times:

I suppose a partial disinvestment will come after completion of AI/IC merger. Hopefully, the management revamp should help in expediting the merger.

As for disinvestment, I hope foreign airlines are allowed to take up to 26% stake(as reported earlier) in AI.


User currently offlineAviationbuff From India, joined Mar 2008, 1428 posts, RR: 3
Reply 5, posted (5 years 5 months 2 weeks 3 days 15 hours ago) and read 1964 times:

Ratan Tata asked to help revive Air India

http://timesofindia.indiatimes.com/articleshow/4751111.cms

Quote:
J R D Tata founded Air India in 1932 and 77 years later, the responsibility of reviving the crisis-ridden airline could fall on his successor Ratan Tata.

Aviation minister Praful Patel is setting up an international advisory board comprising prominent people, including former heads of major global airlines, to helm the turnaround of Air India. And top government sources said Ratan Tata has already been approached to head this board.

Great news, the founders will obviously have emotional bonding with the airline and with his strong business acumen he can play a major role if he joins in a capacity which has sufficient powers.


User currently offlineAirIndia From United Arab Emirates, joined Jan 2001, 1655 posts, RR: 1
Reply 6, posted (5 years 5 months 2 weeks 3 days 14 hours ago) and read 1885 times:



Quoting Aviationbuff (Reply 5):
Great news, the founders will obviously have emotional bonding with the airline and with his strong business acumen he can play a major role if he joins in a capacity which has sufficient powers.

this is the silver lining...

Quoting MHTripple7 (Reply 1):
the current management has done

current management is bureaucracy......... so any change is welcome.

Looks like the Maharaja might just save his empire.........


User currently offlineAviationbuff From India, joined Mar 2008, 1428 posts, RR: 3
Reply 7, posted (5 years 5 months 2 weeks 3 days 12 hours ago) and read 1806 times:



Quoting AirIndia (Reply 6):
current management is bureaucracy......... so any change is welcome.

See what had happened under the current management......  banghead 

Air India lost $1 billion in last fiscal year

http://www.flightglobal.com/articles...1-billion-in-last-fiscal-year.html

Quote:
Air India's parent company National Aviation Co of India (Nacil) is likely to report losses of 50 billion Indian rupees ($1.02 billion) for the financial year ending 31 March.



User currently offlineGr8Circle From Canada, joined Dec 2005, 3130 posts, RR: 4
Reply 8, posted (5 years 5 months 2 weeks 3 days 9 hours ago) and read 1729 times:



Quoting Aviationbuff (Reply 3):
Wow...30 days too short.

Give them too much time and they'll find ways to avoid the axe Big grin

Quoting Aviationbuff (Reply 5):
Ratan Tata has already been approached to head this board

Ratan Tata should make the governement provide assurances that he will have a free hand to do whatever required to turn around the airline....else, he should decline.....


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