GoAir CEO Vrieswijk ejects just eight months into the job

Cornelis Vrieswijk, the Chief Executive Officer of GoAir, has stepped down citing family commitments. Jeh Wadia, Managing Director of the airline, will take over the role until a replacement is found. Vrieswijk expressed his desire to relocate to Amsterdam since his family did not wishto settle in Mumbai. “The board understood his compulsions to move […]

AAI decision on contracts clouds prospects of Air India subsidiary

The Airports Authority of India’s (AAI) decision to award ground-handling contracts for 76 airports around the country could affect the divestment prospects of the ground-handling subsidiary of Air India, Air India Air Transport Ltd (AIATSL). This is because several parties interested in bidding for AIATSL are now wondering whether they will have to match the […]