Ratan Tata to be Chief Advisor to AirAsia India

Using his persuasive skills to the hilt, Tony Fernandes, founder and chief executive officer of AirAsia, on  recntly  said Mr. Ratan Tata, chairman emeritus of Tata Sons, will be the chief advisor to AirAsia India, a new venture that Malaysian airline is setting up with the Tatas as investors.

Tata Sons has a 30 % stake in AirAsia India, with Arun Bhatia of Telestra Tradeplace owning 21%.

I am pleased to announce at Ratan Tata as the chief advisor to the board of AirAsia India. A legend in every sense. Building a powerful team, Fernandes posted on the microblogging site Twitter.

On May 15, 2013 AirAsia announced the name of its new CEO Mr. Mittu Chandilya, but is still to announce the names of the top management line-up to steer its new venture. However, what Fernandes did not say was that his efforts to persuade Tata to become the chairman of the Indian venture failed. Tata, a certified pilot, has been very keen on the Tata group entering civil aviation. An earlier initiative with Singapore Airlines, about a decade ago, failed to go through after being infamously stymied by corporate lobbies. Fernandes had publicly proclaimed that he is keen to have Tata as the chairman of the airline. Fernandes,however, alluded to another announcement in the making on recently, when he plans to name the chairman.

Giving little away, Fernandes told his over 3.34 lakh followers on Twitter: ''Our chairman is someone who has redefined many parts of India. A towering man, who brings unbelievable experience to the AirAsia India board. AirAsia has submitted papers for government approval to fly".

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