Sunil Bhaskaran appointed as new CEO & MD of low cost carrier AirAsia India

Tata Group veteran Sunil Bhaskaran has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of low cost carrier AirAsia India with effect from November 15, 2018. He will oversee the next phase of expansion and growth of the company, AirAsia India said in a statement. The airline, jointly owned by Tata Sons and Air Asia Bhd, has been without a CEO for the past six months. Currently, Bhaskaran is vice president of corporate services at Tata Steel and has over three decades of experience in the fields of manufacturing, export and commercial operations with the Tata group. AirAsia India has a market share of less than 5% and a fleet of 19 aircraft.