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AI-Indian merger within two weeks

business Updated: Mar 24, 2007 17:06 IST

PTI
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The new airline to be formed after the merger of state-owned carriers Air India and Indian will start taking shape within a fortnight as key decisions like appointment of a chairman and managing director, brand name, mascot and logo will be finalised in this period.

"The process of consultation is going on... The entire process has to be completed within 16 weeks from the day of the (Cabinet) decision. The post (of the chief) will come into place within the next fortnight and it will be chairman and managing director," Civil Aviation Minister Praful Patel said in an interview to a private news channel.

The issues of brand name, mascot and logo of the merged entity would also be finalised "in two weeks".

"You will see everything falling in place in two weeks. I am sure that it will be broadly to the satisfaction of all concerned," he said.

Within a week, the professional advisors on the merger process would "come with their recommendations and I will go by professional advise", Patel said.

Asked whether appointment of a bureaucrat would not be in the interests of the new airline, he countered "don't think businessmen are the only solution. We will have the right man at the right place. It could also be a civil servant".

"There are excellent bureaucrats who can handle absolutely difficult situations. If Civil Aviation Ministry has now become vibrant and transparent for all the right reasons, it is to a great extent due to the will and hard work of bureaucrats. We will ensure that we find the right person", Patel asserted.

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