Thursday, 7 June 2012

Air India may shift base from Mumbai to Delhi


NEW DELHI: The iconic Air India building in Nariman Point in Mumbai may not remain Air India's corporate headquarters for long, as the government is planning to shift the airline's base to Delhi in a bid to cut down on travel costs of employees moving frequently between the two cities and also to lease out the prime property.
The Indian Airlines House at the Parliament Street on Delhi will take over as the airline's new headquarters.
"There is no point having two headquarters. More work takes place from Delhi now and it is only going to increase as time passes. Air India has to be in touch with the government more often now than before," a senior ministry source said, requesting anonymity. Air India officials nowadays work four days from Mumbai, and one from Delhi.
This will be reversed to begin with, giving way to stationing most staff in the national capital, while whatever strength is required to run Mumbai operations would stay there, the official added The move is part of a larger move to monetise Air India's assets in India and abroad, beginning with leasing out of most of the 23-storey Nariman Point building.
http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/air-india-may-shift-base-from-mumbai-to-delhi/articleshow/13911775.cms

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