Low-fare airline AirAsia India’s managing director and chief executive officer Mittu Chandilya has resigned and a new executive from the parent airline is likely to take over in the next two to three months, two persons close to the development said.
“Chandilya has submitted his resignation,” one of the two persons quoted above said, adding that he is unable to confirm if the airline has accepted his resignation.
AirAsia India is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd 41% and Arun Bhatia of Telestra Tradeplace Pvt. Ltd the rest.
An AirAsia India spokesperson declined to comment.
AirAsia will hold a board meeting shortly to decide the new CEO, said the person quoted above. “AirAsia is scouting for potential candidates. Though the airline has shortlisted a few names, AirAsia has not yet finalised one,” he said, adding that Chandliya will continue in the post for the next 2-3 months before handing over charge to a new CEO.