Category Archives: Movements

AirAsia India’s new CEO- Amar Abrol

AirAsia India has announced that Amar Abrol will be taking over the reins from Mittu Chandilya as the CEO of AirAsia India. Effective April 1, Abrol, who has over 20 years of experience, will be in charge of the low cost airline. Abrol was most recently the CEO of Tune Money, a start-up that aims to deliver low-cost financial products in South East Asia. Before joining Tune Money in 2013, he spent 19 years with American Express, leading diverse teams across multiple markets including Hong Kong, Singapore, UK, India and Malaysia. Born and raised in India, Abrol graduated from Delhi University and is a Chartered Accountant from the Institute of Chartered Accountants of India. Abrol said, “AirAsia India is poised for strong growth. I look forward to leading the team and together, giving many more Indians the opportunity to access the exciting promise of Indian civil aviation.” Chandilya’s contract ends March 31, 2016 but he will continue with the company until the end of April to ensure a smooth transition of the CEO role. Chandilya has led AirAsia India from June 1, 2013 and under his leadership, the airline has established a fleet of six aircraft, covering 12 routes and carrying over 1.8 million passengers. In the most recent quarter of operation, October-December 2015, AirAsia India clocked a 134% growth in passenger traffic as it flew over half-a-million customers, and operated 3,376 flights as compared to 1,444 flights in the same period of 2014. Chandilya said, “The past three years has been a rewarding and enriching journey for me and AirAsia India. I am delighted that AirAsia India is today a customer-preferred airline in the sectors that it operates. I …

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Jet Airways’ CFO is now Acting CEO

Jet Airways’ Chief Financial Officer, Amit Agarwal has been given additional responsibility of Acting Chief Executive Officer with effect from March 1, 2016. Agarwal joined Jet Airways in December 2015 and has more than 24 years of experience having held leadership positions in India, Europe and North America. Naresh Goyal, Chairman, Jet Airways, said, “Amit will spearhead the Executive Management Committee of Jet Airways in delivering our strategic objectives. Jet Airways has made demonstrable progress towards achieving long-term sustainable profitability, having recorded three consecutive profitable quarters. Our business performance clearly demonstrates that our efforts are showing positive results.”

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Club7 Holidays gets new CEO & MD

Sriram Rajmohan has been appointed as CEO and Managing Director of Club7 Holidays Limited with immediate effect. He is currently an Independent Director in Club7 Holidays Ltd and has been instrumental in securing relationship with various tourism boards, adding new corporate customers and growing the relationship with the trade partners. In the last two years of his association with the Centrum Group he has brought in tremendous value to the group through on-line visa and other travel products. Prior to joining Centrum Group, Rajmohan was the Group CFO of Kuoni Travel India.

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