Railway officer Ashwani Lohani to be Air India’s next CMD

Railway officer Ashwani Lohani to be Air India’s next CMD

FPJ BureauUpdated: Friday, May 31, 2019, 11:10 PM IST
article-image

New Delhi:  In a surprise choice, Ashwani Lohani, a Railway Service officer who is now the chief of Madhya Pradesh Tourism Development Corporation (MPTDC), was today appointed as CMD of Air India, the state-run carrier whose combined losses currently stood at Rs 30,000 crore.

 An engineer-turned-bureaucrat, Lohani, who is the first Railway Service officer to be made the Chairman and Managing Director of Air India, will succeed Rohit Nandan, a 1982 batch UP cadre IAS officer.

The appointment of Lohani comes at a time when the airline is surviving on a Rs 30,000 crore bailout package for 10 years approved in April 2012 under a Turn Around Plan/Financial Restructuring Plan.

RECENT STORIES

EPFO Evaluates Course Of Action On Karnataka HC Judgement On Foreign Workers

EPFO Evaluates Course Of Action On Karnataka HC Judgement On Foreign Workers

From Royalty to Runways: 7 Indian Brands, Global Vibes

From Royalty to Runways: 7 Indian Brands, Global Vibes

Off-Road Thrill: Audi Launches Limited Edition eMTB

Off-Road Thrill: Audi Launches Limited Edition eMTB

NSE To Conduct Special Trading Session On May 18 To Test Preparedness For Disruption

NSE To Conduct Special Trading Session On May 18 To Test Preparedness For Disruption

Q4FY24 Earnings: JSW Energy Profit Rises 29% To ₹351 Cr In March Quarter

Q4FY24 Earnings: JSW Energy Profit Rises 29% To ₹351 Cr In March Quarter