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Home -> Finance -> Full Story
AI board to meet again on fleet acquisition report
Thursday, July 11 2002 17:35 Hrs (IST)

Kochi: The Air India (AI) board, which met here on July 11, failed to discuss the preliminary report of the expert committee on fleet acquisition and has decided to convene another meeting in a fortnight's time to discuss the issue, civil aviation secretary and Air India chairman K Roy Paul on July 11 said.

The board will meet again meet either at Delhi or Mumbai, to discuss the report, Paul told reporters after a nearly four-hour long board meeting at the VIP room of the international terminal of the Nedumbassery airport near here. The board could not discuss all the issues, including the expert committee report on fleet acquisition, due to 'paucity of time', he said.

The meeting decided to constitute a 3-member management committee consisting of AI chairman, managing director and financial advisor of the Civil Aviation Ministry. Decisions regarding the day-to-day functioning of the AI, which cannot be taken by the managing director alone, will be referred to the committee.

On the setting up of a hangar by the AI with engineering and repairing facilities for conducting routine checks on flights to Kochi, he said only after finalisation of fleet acquisition, the matter regarding hangar would be taken up.

PTI