Air India plane crash: Boeing CEO cancels Paris Air Show trip; to focus on investigation after first Dreamliner 787-8 crash

The catastrophic Air India incident is likely to subject Boeing to additional scrutiny. (AP photo) Air India plane crash: Boeing’s CEO Kelly Ortberg has cancelled his visit to the upcoming Paris air show, a significant aviation sector gathering, to concentrate on investigating the Air India Dreamliner 787-8 crash.“As our industry prepares to start the Paris […]

Ahmedabad plane crash: Air India CEO Campbell Wilson visits crash site; Tata to give Rs 1 crore compensation to kin

NEW DELHI: Air India chief executive officer and managing director Campbell Wilson visited the crash site of flight AI-171 in Ahmedabad on Friday. The airline had earlier confirmed that all 241 people on board the Boeing 787-8 aircraft, including 12 crew members, died in the tragic accident.“The 12-year-old Boeing 787-8 aircraft departed from Ahmedabad at […]

Ahmedabad plane crash: Air India CEO Campbell Wilson reacts; says ‘it’s a difficult day for us’

I would like to express our deep sorrow about this event, Air India CEO said. Ahmedabad plane crash: Air India’s Chief Executive Officer and Managing Director Campbell Wilson conveyed “deep sorrow” about the Boeing 787-8 aircraft crash carrying 242 onboard, acknowledging it as a challenging period for the entire Air India team.The aircraft, destined for […]

Sat Pal Bhanoo takes interim charge as LIC MD, CEO

NEW DELHI: Life Insurance Corporation of India (LIC) on Sunday said Sat Pal Bhanoo has been given additional charge of MD and CEO of the insurance company following approval of the department of financial services.Bhanoo will be leading the company for a period of 3 months with effect from June 8 or till assumption of […]

Economy

Evaluating options for ground handling business: Adani Airport CEO

Arun Bansal, CEO, Adani Airports. Airport operator AAHL (Adani Airport Holdings Ltd) is evaluating options for entering into the ground-handling business, the company’s chief executive, Arun Bansal, told businessline. Ground handling includes a number of services, such as passenger services, baggage handling and maintenance activities. As a first step, AAHL has hired key industry professionals […]

Cap on management expenses leading to recalibration of business: Future Generali CEO

MUMBAI: The Insurance Regulatory and Development Authority of India (IRDAI) capping management expenses at 30% of premium income is prompting insurers to recalibrate their business mix according to Anup Rau, CEO of Future Generali India Insurance.In an interview with TOI, Rau was clear-eyed about the challenges and opportunities presented by regulatory change. “One of the […]

Economy

IndiGo’s global vision mirrors India’s growth: CEO Elbers

Pieter Elbers, chief executive officer of IndiGo | Photo Credit: ANINDITO MUKHERJEE Airline major IndiGo has embarked on a journey to contribute to India’s growth story by developing a resilient global network to meet the needs of the fastest-growing large economy in the world, the airline’s Chief Executive Officer Pieter Elbers told businessline. Speaking exclusively […]