The Economic Times daily newspaper is available online now.

    Air India's incoming CEO Tewolde Gebremariam gets security clearance

    Synopsis

    Tewolde Gebremariam has received security clearance and will officially take charge of Air India. His appointment follows the announcement made on August 5, replacing Campbell Wilson. During a recent townhall, Gebremariam emphasized the importance of cost discipline in Air India's operations.

    Air India’s incoming CEO Tewolde Gebremariam gets security clearance, to take charge Thursday: Sources<br>IANS

    Air India’s incoming CEO Tewolde Gebremariam gets security clearance, to take charge Thursday: Sources

    New Delhi: Air India's incoming CEO and MD Tewolde Gebremariam has received security clearance and is expected to formally take charge of the airline on Thursday, according to sources.

    An Ethiopian national, Gebremariam's appointment at Air India's helm was announced on August 5 and he is taking over at a time when the airline is working on its ambitious expansion plans amid multiple external headwinds.

    When contacted regarding Gebremariam getting security clearance, an Air India spokesperson confirmed the development.


    Also read: SAF production: Air France-KLM to seek alliances in India

    The sources said Gebremariam would be officially taking charge on Thursday.

    Gebremariam, who is the second foreign CEO and MD to head loss-making Air India, replaces New Zealander Campbell Wilson.

    During a townhall with the staff on September 28, Gebremariam said cost discipline must become part of Air India's culture as well as identified sustainable profitability, safety and operational reliability as key priorities for the airline.

    He also plans to introduce programmes that reward employees for ideas that deliver measurable cost savings and improve operational efficiency.

    Add ET Logo as a Reliable and Trusted News Source

    (You can now subscribe to our Economic Times WhatsApp channel)

    (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)

    (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in