N Chandrasekaran – Chairman of Air India!
Recommended for Middle Grades
N Chandrasekaran, the executive chairman of Tata Sons, is the chairman of Air India. Tata Group had acquired Air India from the Indian government in 2021.
N Chandrasekaran at Tata Consultancy Services Group
Chandra joined Tata Consultancy Services (TCS) in 1986 and he worked there for a few years as an intern before he was hired full time. He has never left Tata since.
At Tata, Chandra has worked for 35 years. He has held a lot of different jobs and played a big part in taking the company to new places. Chandra has been the Chief operating officer, the executive director of TCS, and the CEO of the Tata Group.
During his time at TCS, it became one of the largest employers in the private sector in India. In 2022, he became Air India’s chairman.
Privatisation of Air India
Early Days
Jehangir Ratanj Dadabhoy (JRD) Tata founded Tata Airlines in 1932. First flights to Europe were made in 1948 when Air India International began service in 1946.
The international service was one of the first, with the government owning 49% of it and the Tatas owning 25%, and the public owning the rest. The Indian government acquired Air India in 1953. For the next 40 years, it was the most important thing in India, controlling most of the country’s airspace.
Slow Decline
During the 1994-95 opening of the aviation industry to private competitors, Air India began to lose market share as private corporations began to offer cheaper tickets.
Moreover, Air India started suffering losses every year since its merger with Indian Airlines in 2007-08. In 2012, an Air India Turnaround Plan (TAP) and an Air India Financial Restructuring Plan were approved by the government.
On January 27th, the government of India invited offers for a 100% stake (full) sale of Air India.
Air India – Key focus areas in the months to come!
The key focus for Air India will be to expand its network and make it more modern as per N Chandrashekar. The fundamental areas of improvement will be service standards, on-time performance, issues with passenger complaints, and customer call centres.
What do our little readers think about Air India? Have you ever flown Air India, how was your experience?
Take a look at this informative Twitter clip from the Tata Group on JN Tata’s birth anniversary.
How does a man born in 1839 be a part of our lives even today? On our Founder Jamsetji Nusserwanji Tata's 183rd birth anniversary, we celebrate the visionary whose #LegendLivesOn. #JNTata #ThisIsTata pic.twitter.com/RDSN3PzXAM
— Tata Group (@TataCompanies) March 2, 2022
Curious Times is a place where we’re passionate about what we do. Consequently, we work hard every day to give our young readers the greatest possible experience and information. We also use Curious Times Weekly, The Curious Magazine, and My Expressions to communicate with our audience. As a result, our content is exciting and interesting for our readers.
Schoolchildren from all around the world appreciate and enjoy our materials. So, we’re always looking for ways to improve, and are curious to hear from you. This, above all, assists us in providing better service to you.
Thus, what sort of news stories capture your interest? In the comments section below? Please share your thoughts! For the simple reason that we enjoy hearing from our young readers. The following social media platforms allow you to communicate with us: WhatsApp, Instagram, Facebook, Youtube, Twitter, LinkedIn.
0 (Please login to give a Curious Clap to your friend.)