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Air India begins global hunt for Chief Operating Officer (COO)
The airline mentioned that the contract will be for three years to begin with, which will be extended by another two years based on the performance...
Airlines Travel News | Mumbai | India
Updated On: 9/26/2009
[Total Votes: 9, Hits: 202] Print

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Air India has begun a global hunt for a Chief Operating Officer (COO) in order to streamline operations and help it come out from financial losses of over USD four billion. As per the airline’s advertisement in major newspapers like the Financial Times and many more, the airline stated that preference will be given to those who are in the aviation industry or in the past had turned around the performance of a large organization with manpower strength of over 1,000. The COO will be based out of the airline’s headquarters in Mumbai and will report directly to the Chairman and Managing Director. However, the airline did not indicate the pay package it was offering but mentioned that the pay would be based on qualifications and experience.

The airline mentioned that the contract will be for three years to begin with, which will be extended by another two years based on the performance. The lookout for a COO was formally announced by Arvind Jadhav, Chairman and Managing Director, Air India last month as part of his turnaround strategy for the airline. The Ministry of Civil Aviation (MoCA) has also recommended fresh government equity for the airline for acquisition of new aircraft and to help in tiding over one of the worst crises it has ever faced. MoCA has, however, ruled out any dilution of shares it owns in the public sector company.


Related Words:
Air India, Global hunt, Chief Operating Officer, Streamline operations, Airline advertisement, Aviation industry, Airline headquarters in Mumbai, Air India Chairman and Managing Director, Arvind Jadhav, Ministry of Civil Aviation, Public sector company
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Air India (AI) pilots threaten strike if salary doesn't come by 20th [Vote Average: 3, Total Votes: 5, Hits: 85]
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Air India mulls abolishing PLI of top executives as part of cost cutting plan [Vote Average: 3, Total Votes: 9, Hits: 63]
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Air India Express announces revised flight schedule from Tiruchirapalli effective November 2, 2009 [Vote Average: 3, Total Votes: 11, Hits: 271]
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Air traffic leaps 26% in August [Vote Average: 3, Total Votes: 10, Hits: 296]
As Economy Rebounds & Salaries Are Restored, People Get Back To Flying
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Air India-Indian Airlines launches global hunt for COO [Vote Average: 3, Total Votes: 14, Hits: 370]
The airline has invited applications for the Mumbai-based position as part of top management team...
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