Tag Archives: Chief Executive Officer

Vinay Dube joins Jet Airways as Chief Executive Officer

Vinay Dube  joins Jet Airways as its Chief Executive Officer after receipt of all requisite Government and regulatory approvals. Dube’s appointment was approved by the Jet Airways Board of Directors at their last meeting held on May 30, 2017. An accomplished industry leader and an aviation professional with close to three decades of global business experience, Dube has an established track record of leadership and business expansion at large, complex, multi-national organisations including varied roles at Delta Airlines Inc., Sabre, Inc., and American Airlines in the USA, Europe and Asia. In his last role as SVP-Asia Pacific for Delta Airlines Inc., he headed the region as Business Head with P&L responsibility and was also a Board Observer at China Eastern. During his tenure in Asia, Dube successfully led the turnaround of the Airline in the Asia Pacific markets, restructured the network, established strategic partnerships, worked extensively on brand-building and successfully brought about a transformation in the work culture of his teams. He has also held various Board-level positions throughout his career. Commenting on that appointment and subsequent approval by the Government as the airline’s CEO, Naresh Goyal, Chairman, Jet Airways, said, “Vinay will lead the Executive Management Committee to deliver on our strategic objectives, at a time when the Indian Aviation market is poised to develop manifold going forward. In our recent past, we have made demonstrable progress towards achieving long-term goals. I am confident that under Vinay’s leadership, we will accelerate the momentum of turning around the company to higher growth and profits resulting in all-round benefits to our employees as well as to our shareholders, as well as deepen our relationship with our strategic partner Etihad Airways.”

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Amadeus India celebrates two decades of market leadership

Amadeus India celebrated its two decades of successful market leadership across the Indian Subcontinent, with top customers during an evening of entertainment at Roseate House New Delhi on July 13, 2017. Rakesh Bansal, Chief Executive Officer, Amadeus Indian subcontinent said, “We are delighted to share this accomplishment with all our stakeholders. I feel immense pride that Amadeus continues to be the market leader and preferred technology partner for the travel industry. This could not have been possible without the hard work and dedication of our employees as well as the unwavering support of our valued customers. As we look forward to many more years of continued success, we would like to express our appreciation to our partners who have shown consistent trust in Amadeus.”

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Cox & Kings board approves demerger of foreign exchange business

The board of Cox & Kings Ltd. has approved the demerger of its foreign exchange division into a separate financial services company to be named Cox & Kings Financial Service Ltd. (CKFSL). The demerger is effective April 1, 2017, and is subject to High Court and other regulatory approvals. Whilst the Tours & Travels and Foreign Exchange (‘Forex’) businesses are complementary in nature, the businesses operate quite distinctly from each other. The Forex business has 125 licenses across India to provide foreign exchange to captive customers as well as to third-party customers. Peter Kerkar, Chief Executive Officer, Cox & Kings Group, said, “Strong macro drivers coupled with a strategic brand presence will enable CKFSL to flourish. There are abundant, large-sized avenues for natural product diversification and the timing of this demerger is most opportune.” The working capital needs of the Forex Business are quite different from those of the Tours & Travels business. With a view to enable the Forex business to capitalize on growth opportunities in an independent manner it has been decided to demerge the business into a separate company. The demerged entity has the potential to grow substantially as a standalone business with separate financing and operations and focused leadership and management attention. The opportunities as well as risks and competitive environment within the Forex Business are distinct and the said business is capable of attracting its own set of investors and strategic partners, lenders and other stakeholders. It is proposed that the Forex Business of the Company be demerged and transferred to the Resulting Company, a wholly owned subsidiary company of the Company, so as to maximize value for all the stakeholders of the Company. In …

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India’s first Radisson Red to open in Mohali by Q1 2018

India remains one of the strongest markets for Carlson where they have 84 hotels in operation and 140 hotels in the pipeline. The brand will soon be launching its new brand- Radisson Red in the Indian Market. Raj Rana, Chief Executive Officer, South Asia, Carlson Rezidor Hotel Group, says, “Radisson Red is the newest addition in our portfolio. The first flagship property is under construction in Mohali, Chandigarh. It’s a beautiful hotel and we expect that to open in the first quarter of 2018. We believe that it will be a very successful brand because the cost of investment in building a Radisson Red is less than a typical upscale hotel and also it has been planned in such a way that the cost of operating the hotel is also lesser. For example, F&B services are all on a single plate and there is no concept of multi-kitchens. A lot of planning has done to make sure ease of operation and therefore better margins for the investors and good success for us.”

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Park Plaza Noida relaunches as Radisson Noida

Park Plaza Noida has announced its rebranding as Radisson Noida, the first Radisson hotel to be inaugurated in Delhi-NCR. Strategically located, within proximity of Noida’s corporate hub as well as the central business districts of Ghaziabad and New Delhi, the hotel has completely reinvented itself to better serve its discerning guests with its signature Yes I Can!  service. “I am delighted to welcome this hotel to the Radisson brand family. Delhi NCR is a key market for us and Noida remains a promising destination due to its thriving corporate suburb. We appreciate the investment that our strategic partner, Bestech Group have made in upgrading this hotel and the trust they have demonstrated in the Radisson brand” said Raj Rana, Chief Executive Officer, South Asia, Carlson Rezidor Hotel Group. “We have enjoyed working with Carlson Rezidor Hotel Group for 15 years where a high level of dedication and expertise is demonstrated in managing brands and hotels successfully. We are confident that the rebranding of Park Plaza Noida to Radisson Noida with new facilities and services would be greatly appreciated by our guests” said Dharmendra Bhandari, Managing Director, Bestech Hospitalities.

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Gulf Air appoints VFS Global to provide visa for Bahrain

Gulf Air has partnered with VFS Global to facilitate visa issuance for passengers flying to the Kingdom of Bahrain. The online visa facility will launch this summer on gulfair.com. Signing the agreement with VFS Global, Gulf Air Chief Commercial Officer, Ahmed Janahi, said, “We are partnering with VFS Global to provide a much needed service to Gulf Air passengers that will support our national carrier’s longstanding efforts to promote the Kingdom as a destination to a broad spectrum of travellers while making the process of obtaining a visa to Bahrain easier and more convenient. Soon, Gulf Air passengers will be able to easily obtain short term visit visas to Bahrain via our website gulfair.com – allowing them to come to Bahrain and experience all that our Kingdom has to offer in terms of tourism, business opportunities and more.” Zubin Karkaria, Chief Executive Officer, VFS Global Group, says, “Integrating next-generation convenience into the traditional visa process lies at the heart of our services. We are pleased to synergise our efforts with Gulf Air and the Government of Bahrain to ensure greater flexibility and digital-friendly services for visitors to Bahrain, while maintaining the security requirements of the visa process. We believe the online e-visa platform will make visa application much more convenient for Gulf Air customers, providing them with greater speed and transparency in the process, thereby enhancing their overall experience.” Vinay Malhotra, Chief Operating Officer, Middle East & South Asia, VFS Global, added, “Applying for an eVisa through our dedicated online platform, designed exclusively for Gulf Air passengers, will transform the visa application experience for passengers, offering more customer-centric services. Quicker turnaround times, 24X7 accessibility, and online tracking, amongst other advantages, …

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Qatar Airways plans to order 100 jetliners to launch new airline in India

Qatar Airways may order 100 new jetliners before the end of this year to power its push into India, chief executive officer Akbar Al Baker said. The Persian Gulf carrier is confident that a new aviation policy mapped out by Prime Minister Narendra Modi will permit 100% foreign ownership of a domestic airline, Al Baker said Monday in London. Qatar Airways is briefing lawyers in India and will seek formally to establish the new airline soon, with a tender for aircraft to follow. “It could be this year,” the CEO told journalists after addressing the Qatar-U.K. Business and Investment Forum. “It depends how fast we can arrange our application.” Al Baker revealed last month that he planned to set up an Indian carrier with a fleet of 100 narrow-body jets, breaking into a fast-growing market where local rules previously prevented full ownership by foreign airlines. He said at the time that the Qatar Investment Authority could fund the venture, leaving Qatar Air to run it, though it’s not clear whether such an arrangement would avoid the curb. Source: Bloomberg

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Vistara becomes Airbus’ 1st airline partner for training centre

Vistara signed a five-year agreement with Airbus Group India Private Limited to provide training services to Vistara pilots for the A320 type aircraft. The two companies inked the agreement at the launch of Airbus India Training Centre (AITC) in New Delhi, which brings state-of-the-art technology to India for the training of flight crew. Commenting on the partnership, Phee Teik Yeoh, Chief Executive Officer, Vistara, said, “This partnership underlines our uncompromising commitment to uphold the highest of safety standards and operational excellence. I am confident that our pilots will immensely benefit from Airbus’ in-depth and specialized training solutions. It will help us tread a path towards industry leadership.” Adding on, Dr. Srinivasan Dwarakanath, President, Commercial Aircraft, Airbus in India said, “We are honoured to have Vistara as the first customer for the Airbus India Training Centre. We will start training their pilots when the centre becomes operational end-2018. Our success is tied to the success of our customers and one way we contribute to that is by offering them our services like flight training.” The AITC is equipped with the latest software that accurately simulates the aircraft handling characteristics and system responses, ensuring Vistara pilots are well trained and become more proficient with global standards.

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Singapore Airlines and SilkAir to codeshare on Vistara

Singapore Airlines (SIA) and regional subsidiary SilkAir have signed an agreement to codeshare on Indian domestic flights operated by Vistara, with effect from March 14, 2017. Under the agreement, SIA will add its ‘SQ’ designator code to Vistara-operated flights beyond Mumbai and New Delhi to 10 destinations within India. SilkAir will add its ‘MI’ designator code to Vistara-operated flights beyond Bengaluru and Kolkata to six destinations within India. The codeshare agreement is Vistara’s first with another airline group, as well as SIA’s and SilkAir’s first with an India-based domestic carrier. As a result of the agreement, four new destinations will be added to the SIA Group’s India network, namely Bhubaneswar, Goa, Guwahati and Port Blair. SIA Group airlines currently serve 15 destinations in India from Singapore. Members of SIA’s and Vistara’s frequent flyer programmes, KrisFlyer and Club Vistara, will also enjoy additional tier benefits as a result of the new codeshare partnership. PPS Club and KrisFlyer Elite Gold members will enjoy lounge access, increased baggage allowance, and priority baggage handling, check-in and boarding when travelling on Vistara-operated flights. Likewise, Club Vistara Platinum and Gold members will enjoy the same benefits when travelling on SIA- operated flights. PPS Club and KrisFlyer members will also earn Elite miles when travelling on SIA codeshare flights operated by Vistara. “We are very pleased with our first codeshare agreement with Vistara, which represents a strengthening of our already strong partnership,” said SIA Senior Vice President Marketing Planning, Tan Kai Ping. “Through the new codeshare agreement, both SIA and SilkAir are able to expand our network reach in the important India market, providing our customers even more travel options and enhanced KrisFlyer benefits.” “We are delighted …

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Radisson Blu Atria Bengaluru opens with 167 rooms

Carlson Rezidor announced the opening of its new hotel-Radisson Blu Atria Bengaluru, featuring 167 guest rooms and suites with modern amenities. The hotel is located 45 minutes away from the Kempegowda International Airport (BLR) and 10 minutes from the City Railway Station. The hotel has four F&B outlets for guests. The hotel has over 1,250 square meters of flexible room configurations with its six meeting spaces and two boardrooms, capable of accommodating large wedding receptions or intimate team meetings complemented with state-of-the-art presentation and audiovisual tools. Other facilities available at the hotel include the Business Class Lounge, business center, swimming pool, spa and fully-equipped fitness center. Raj Rana, Chief Executive Officer, South Asia, Carlson Rezidor Hotel Group, said, “Bengaluru is a progressive market and continues to thrive on high economic activity, an international focal point of India’s growth momentum. The opening of Radisson Blu Atria Bengaluru is a testament of our footprint in the region and a reflection of the unique brand identity that we bring to the city. We are proud to be in partnership with A.S.K. Brothers Ltd. to launch this upper-upscale hotel.” The new hotel is set to introduce the brand’s internationally renowned, Yes, I Can!SM service philosophy with sophisticated design and premier accommodation. Commenting on the opening, Sunder Raju, Executive Director, A.S.K. Brothers Ltd, said, “Radisson Blu, a new addition to Bengaluru’s hospitality landscape, brings fresh vibrancy to the marketplace. The brand stands out in creating experiences that constantly reflect the modern traveler’s needs, desires and aspirations. We are pleased to collaborate with Carlson Rezidor Hotel Group and look forward to a mutually beneficial relationship in delivering hospitality services and enhancing the brand in Bengaluru.”

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