AndhraNews.net
Home » India News » 2011 » August » August 12, 2011

Rohit Nandan replaces Arvind Jadhav as Air India CMD


August 12, 2011 - New Delhi

Civil Aviation Ministry Joint Secretary Rohit Nandan will replace Arvind Jadhav as the new Air India Chairman and Managing Director.

"In exercise of the powers conferred under Article 133, read with Article 117, of the Articles of Association of the Air India Limited (AIL), the President is pleased to appoint Rohit Nandan as Chairman and Managing Director, Air India Limited on deputation for a period of three years or until further orders, whichever is earlier, from the date of taking over charge," the Ministry of Civil Aviation said in a statement today.

Earlier, the Bharatiya Janata Party (BJP) had been repeatedly accused the UPA government at the Centre of appointing "unqualified" Jadhav at the helm of national carrier Air India, which apparently led to financial mismanagement and losses as noted in the Comptroller and Auditor General (CAG) report.

The CAG report had accused the airline management for poor foresight and noted that purchase of new aircraft had caused a massive loss of two billion rupees.

The report also suggested that the plan to add new aircraft in its fleet should have taken place in two phases.

ANI

Comment on this story

Share