Air India's New Managing Director Is Campbell Wilson: 10 Points
- Earlier in March this year, Tata Group chief N Chandrasekaran was appointed as the Chairman of Air India.
- On Mr Wilson's appointment as the new CEO and MD, Mr Chandrasekaran said, "He is an industry veteran having worked in key global markets cutting across multiple functions. Further, Air India would benefit from his added experience of having built an airline brand in Asia. I look forward to working with him in building a world-class airline."
- "Mr Wilson started off as a Management Trainee with SIA in New Zealand in 1996. He then worked for SIA in Canada, Hong Kong and Japan before returning to Singapore in 2011 as the founding CEO of Scoot, which he led until 2016. Mr Wilson then served as the senior Vice-President Sales & Marketing of SIA, where he oversaw Pricing, Distribution, eCommerce, Merchandising, Brand & Marketing, Global Sales and the airline's overseas offices, before returning for a second stint as the CEO of Scoot in April 2020," the airline stated.
- "Air India is at the cusp of an exciting journey to become one of the best airlines in the world, offering world-class products and services with a distinct customer experience that reflects Indian warmth and hospitality," Mr Wilson said.
- Air India is the third airline brand in the Tata Group's stable. Tata Group holds a majority interest in AirAsia India and Vistara, a joint venture with Singapore Airlines.
- The group had previously announced Turkey's Ilker Ayci as the CEO of Air India, but that appointment was met with a lot of opposition. As a result, Mr Ayci declined the offer.
- In October last year, the government had sold Air India to Talace Private Limited -- a subsidiary of the Tata group's holding company -- for Rs 18,000 crore.
- At present, Air India controls over 4,400 domestic and 1,800 international landing and parking slots at domestic airports as well as 900 slots abroad.
- Of the airline's 141 aircraft that Tatas would get, 42 are leased planes while the remaining 99 are owned.
- Tatas had set up Tata Airlines in 1932, which was later -- in 1946 -- renamed Air India. The government had taken control of the airline in 1953, but JRD Tata continued to be its chairman till 1977. The official handover marked the homecoming of Air India to Tatas after 69 years.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
