AirAsia India, an Indo-Malaysian low cost carrier, announced that Mittu Chandilya has been appointed Managing Director of AirAsia India in addition to his role as Chief Executive Officer.
This move by the airline comes even as it struggles to remain afloat in the midst of galloping operating costs and huge price wars.
However, Chandilya received complete support from his senior management for his role in steering the airline.
The airline reported a loss of RS.19 crore for the quarter ending March this year even though it had said that it will break even by November 2014.
Commenting on this, AirAsia India Chairman S Ramadorai said, "Chandilya has managed to propel the airline forward in terms of its scale of operations and turn every challenge into an opportunity by building an agile and secure operations structure. Chandilya will also be the first full-time independent executive director of the company."
Tony Fernandes, Group Chief Executive Officer of AirAsia said, "Chandilya has been able to negotiate through a market where we have been challenged with headwinds at every turn. We are not the ones to give up easily and I know Mittu will continue to lead the charge as we move ahead in achieving our dream of changing Indian aviation."