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Air India's Chairman and Managing Director removed as crisis intensifies


Unhappy with the performance of state-owned and run carrier Air India, the Indian government has decided to replace the incumbent Chairman and Managing Director, Mr Raghu Menon, two years short of his official tenure. [1185 words]

Unlock the following content in this report:


  • Timing indicates serious concerns
  • Will an official name change help the slow merger process?
  • Fleet expands as performance falters
  • India's airline outlook continues to be bleak - debt burden remains heavy
  • But fares are slashed in a bid to boost market share and loads

Graphs and data:

  • Air India passenger numbers and passenger number growth: Apr-08 to Mar-09
  • Indian carriers domestic passenger load factors in Mar-09
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