According to officials, the replacement comes in the wake of a loss of Rs.6,994 crore the carrier acquired in 2010-11, as also Jadhav’s failure to avoid as many as 3 strikes by employees since he took charge May 4, 2009 for a 3-year possession.
On Friday, Minister of State for Personnel, Public Grievances and Pensions V. Narayanaswamy told to parliament that Air India’s cumulative losses amounted to Rs.22,165 crore despite Rs.22,000 crore debt troubled to buy new aircraft.
Nandan said, soon after he was handed over the appointment letter “It is a challenge and a privilege to be associated with Air India. Employee morale and financial health are my immediate priorities, which I will seek to improve.”
Nandan is a 1982 batch officer of the Indian Administrative Service (IAS) with Uttar Pradesh as his cadre. He has been in the civil aviation ministry since December 2009, which was his 1st posting outside his parent cadre.