Business

Ashwani Lohani to take charge as AI chief for second time

Ashwani Lohani to take charge as AI chief for second time

TIL Desk/Business/New Delhi/ The government on Wednesday called back the retired technocrat Ashwani Lohani to head the cash-strapped national carrier Air India as chairman and managing director for a second time within two years.

Lohani, who will assume office on Thursday, headed the carrier from August 2017 to September 2017 when he was moved to the Railway Board as the chairman, from where he retired in December 2018.

He is a 1980-batch IRSME (Indian Railway Service Mechanical Engineering) officer hailing from Madhya Pradesh.”I will take charge tomorrow,” Lohani told over phone from New Delhi.

It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007.

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