AAI plans arms for various ops

Airports Authority of India (AAI) may soon take a new avatar to face the private sector competition. It plans to have independent subsidiaries for various operations such as ground handling, maintenance, repair & overhaul (MRO), cargo operations and designing & development of airport.

These subsidiaries will be run by professional managers, roped in from schools like the IIMs, as independent profit-centres. Each subsidiary will have a separate profit & loss account and a CEO. Interestingly, the government has proposed a similar decentralised business model for the merged entity of Air India and Indian.

Click for complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: