Tata Looking at Hiring New Air India Management as Sale Proceeds
- Group won bid for control of airline from state in October
- Meeting set for later this month to shape strategic direction
Photographer: Dhiraj SIngh/Bloomberg
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Tata Sons Pvt. is considering hiring several key executives for Air India Ltd., according to people familiar with the matter, as the nation’s biggest conglomerate works to finalize a turnaround plan for the indebted carrier it’s in the process of taking over from the state.
The group, which in October won a bid to regain control of the airline it originally launched in 1932, is considering both internal and external candidates for roles including the CEO of Air India and a chief financial officer, the people said, asking not to be identified because the negotiations are private.