Air India Chairman Rohit Nandan was on Monday granted extension till
August next year, ending a phase of uncertainty in the national carrier
which is going through a difficult process of financial restructuring.
The Appointments Committee of the Cabinet approved the extension of Nandan as the airline's Chairman and Managing Director "till August 21, 2015 or till the appointment of a regular incumbent, whichever is earlier," an order issued by the Department of Personnel and Training (DoPT) said.
This was the second time 57-year-old Nandan, a 1982 batch IAS officer of Uttar Pradesh cadre, was granted an extension in two months.
The first extension came on August 11 after he completed a three-year term at the helm of Air India, steering it through a difficult phase of merger with the direction that "the process of selection of a new CMD may be completed in the meantime".
Following this, the Civil Aviation Ministry had sought his continuation in the post crediting Nandan with improving the performance of the loss-making airline and successfully making Air India a member of the 27-member global airlines grouping, Star Alliance.
Read news in full 14/10/14 Business World
The Appointments Committee of the Cabinet approved the extension of Nandan as the airline's Chairman and Managing Director "till August 21, 2015 or till the appointment of a regular incumbent, whichever is earlier," an order issued by the Department of Personnel and Training (DoPT) said.
This was the second time 57-year-old Nandan, a 1982 batch IAS officer of Uttar Pradesh cadre, was granted an extension in two months.
The first extension came on August 11 after he completed a three-year term at the helm of Air India, steering it through a difficult phase of merger with the direction that "the process of selection of a new CMD may be completed in the meantime".
Following this, the Civil Aviation Ministry had sought his continuation in the post crediting Nandan with improving the performance of the loss-making airline and successfully making Air India a member of the 27-member global airlines grouping, Star Alliance.
Read news in full 14/10/14 Business World
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