Air India to have stalwarts as board directors

Air India to have stalwarts as board directors

Air India to have stalwarts as board directors

Air india is in the process of being revamped and will have a seven-member international advisory board.

The Board, which is likely to be headed by industrialist Ratan Tata, may have former heads of leading carriers like Lufthansa and Singapore airlines.

The names of National Knowledge Commission Chairman Sam Pitroda, Infosys mentor and Chairman N R Narayana Murthy and TCS CMD S Ramadorai are the likely appointment as independent directors of the airline.

A comprehensive financial restructuring plan, which is to be submitted to the government in the next few weeks is being worked out.. AI’s losses mounted to about Rs 5,000 crore in 2008-09 and the newly constituted board is expected to pull the airlines out of losses.

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