AirAsia has said that the company has appointed Tata Group veteran S Ramadorai as the chairman of its India operations, nearly three months after the Union government allowed the Malaysia-based airline to set up operations in India.
The announcement comes a day after Tony Fernandes, chairman of AirAsia announced that Ratan Tata, chairman emeritus, Tata Sons was appointed as the chief advisor to the new airline. Ramadorai is currently vice-chairman at Tata Consultancy Services, where he was CEO from 1996 until 2009. He is also a Cabinet ranked official in Manmohan Singh’s government as he is an advisor to the prime minister in the National Council on Skill Development.
AirAsia had received approvals from the Foreign Investment Promotion Board in March this year to set up airline operations in the country. AirAsia had formed the joint venture with Tata Group and Telestra Tradeplace after the government relaxed foreign direct investment in the aviation sector.
Union civil aviation minister Ajit Singh had told reporters last week that all the matters on AirAsia India were resolved.
Tony Fernandes has promised ‘Nano’ airfares once it begins operating flights in the country which is expected by the fourth quarter of 2013.
AirAsia is expected to bring in competitive pricing in the Indian aviation market, once it begins service later this year. Last month, Fernandes had named Mittu Chandilya as the CEO of AirAsia India. AirAsia will be represented by Tony Fernandes and Kamarudin Bin Meranu.
The announcement comes a day after Tony Fernandes, chairman of AirAsia announced that Ratan Tata, chairman emeritus, Tata Sons was appointed as the chief advisor to the new airline. Ramadorai is currently vice-chairman at Tata Consultancy Services, where he was CEO from 1996 until 2009. He is also a Cabinet ranked official in Manmohan Singh’s government as he is an advisor to the prime minister in the National Council on Skill Development.
AirAsia had received approvals from the Foreign Investment Promotion Board in March this year to set up airline operations in the country. AirAsia had formed the joint venture with Tata Group and Telestra Tradeplace after the government relaxed foreign direct investment in the aviation sector.
Union civil aviation minister Ajit Singh had told reporters last week that all the matters on AirAsia India were resolved.
Tony Fernandes has promised ‘Nano’ airfares once it begins operating flights in the country which is expected by the fourth quarter of 2013.
AirAsia is expected to bring in competitive pricing in the Indian aviation market, once it begins service later this year. Last month, Fernandes had named Mittu Chandilya as the CEO of AirAsia India. AirAsia will be represented by Tony Fernandes and Kamarudin Bin Meranu.
No comments:
Post a Comment