The Modi government weighs its options to strategically disinvest in the iconic but debt-ridden national carrier
Air India’s headquarters in a narrow by lane of Delhi’s Ashoka Road is getting a fresh coat of paint, including a large image of its famed mascot, the Maharajah. Inside, the office of Ashwani Lohani, chairman and managing director, is being spruced up too. Bristling with plans, Lohani has just announced that Air India is introducing a flight to Copenhagen and another to Tel Aviv when Prime Minister Narendra Modi is scheduled to make a historic first visit to Israel in July.
Lohani, a turnaround expert who had put Madhya Pradesh on the tourism map of India, was brought in to get Air India into shape, in September 2015. To his credit, the Indian Railway Service officer got down to the fundamentals of putting the airline back on track: motivating staff, improving on-time performance and ensuring that the passenger load factor on every flight was much higher than in previous years. That brought back some glow to Air India’s sun emblem. Helped along by dropping turbine fuel costs, AI reported an operational profit of Rs 100-odd crore in the past two financials, for the first time in a decade.
Diese Geschichte stammt aus der June 19, 2017-Ausgabe von India Today.
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Diese Geschichte stammt aus der June 19, 2017-Ausgabe von India Today.
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