Tata appoints N Chandrasekaran as Air India chairman
Chandrasekaran is chairman of the autos-to-salt Tata Group and several of its companies, including Tata Motors
Tata Group has appointed N Chandrasekaran as chairman of its Air India airline, a company spokesperson said on Monday, weeks after it acquired the former state-run carrier in a $2.4 billion equity and debt deal.
Chandrasekaran is chairman of the autos-to-salt Tata Group and several of its companies, including Tata Motors. Tata regained control of Air India in January after nearly 70 years.
Tata is also on the lookout for a new CEO to steer Air India after its first choice, Turkey's Ilker Ayci, refused to take the post due to opposition in India over his previous political links in Turkey.
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While the airline has lucrative landing slots, debt-laden Air India faces an uphill task to upgrade its aging fleet and turn around its financials and service levels.
