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AI/IA merger gain put at Rs 800cr

 
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karatecatman
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PostPosted: Wed May 16, 2007 12:22 pm    Post subject: AI/IA merger gain put at Rs 800cr Reply with quote
Airline merger gain put at Rs 800cr


The National Aviation Company of India (NACIL) — which will fly under a single code from mid-July — will have a pretty large pyramid of top managers at 151 from general managers upward. It will have a chairman-cum-managing director (CMD) at the helm, nine functional directors or CEOs and 47 executive directors. Shocked

“The board of the new airline will have three group CMDs, three functional directors, six CEOs of individual businesses and an equal number of independent directors,” said S.Venkat, executive director of Air-India.

http://www.telegraphindia.com/1070516/asp/business/story_7783712.asp
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