‘Homecoming’ for Rajiv Bansal as Air India CMD

| | New Delhi
  • 0

‘Homecoming’ for Rajiv Bansal as Air India CMD

Friday, 14 February 2020 | PTI | New Delhi

‘Homecoming’ for Rajiv Bansal as Air India CMD

After successfully heading Air India for three months in 2017, senior bureaucrat Rajiv Bansal was on Thursday appointed for the second time as the chairman and managing director of the debt-ridden national carrier, according to a Personnel Ministry order. 

Bansal, a 1988-batch IAS officer of Nagaland cadre, is at present additional secretary in the Ministry of Petroleum and Natural Gas.

The Appointments Committee of the Cabinet has approved his appointment as the CMD of Air India in the rank and pay of additional secretary, the order stated, without mentioning further details.

He replaces Ashwani Lohani, who completed his one-year extended tenure on Thursday.

Bansal was in August 2017 named as Air India’s interim CMD for three months. He had then replaced Lohani, who was appointed chairman of the Railway Board after completion of his two-year stint.

During Bansal’s three-month tenure, Air India launched services to Copenhagen, among others. He also initiated various steps to reduce costs and improve on-time performance of


Lohani, a 1980 batch officer of the Indian Railway Service of Mechanical Engineers, was in February last year appointed Air India’s CMD for the second time for a one-year tenure. He had retired as the Railway Board chairman in December 2018.

The appointment assumes significance as it comes days after the government decided to sell its stake in Air India, which has a debt pile of over Rs 60,000 crore.

As part of the ambitious strategic disinvestment, the government had on January 27 issued the preliminary bid document for 100 per cent stake in the debt-laden airline.

State Editions

Congressmen protesting  against farm laws held

29 September 2020 | PNS | Lucknow

Coronavirus spreading in jails

29 September 2020 | PNS | Lucknow

PM to address 2 public meetings in HP on Oct 3

29 September 2020 | Agencies | Chandigarh

Saini appears before SIT

29 September 2020 | PNS | Chandigarh

UP bags 8  GKRA awards

29 September 2020 | PNS | Lucknow

Sunday Edition

Politics in the workplace

27 September 2020 | Bhavna Dalal | Agenda

Krishna’s Manifests in Icons

27 September 2020 | Dr Asha Goswami | Agenda

Ways to stay productive

27 September 2020 | Dr Binay Singh | Agenda

When we accept God...

27 September 2020 | Ajit Kumar Bishnoi | Agenda

Astroturf | Seeds of future are in present

27 September 2020 | Bharat Bhushan Padmadeo | Agenda

Fantastic Moment

27 September 2020 | Shalini Saksena | Sunday Pioneer