Tata Steel’s Sunil Bhaskaran is the MD and CEO of Air Asia

Air Asia India, the joint venture between Tata Sons and Air Asia Investment, has named Tata Steel’s Sunil Bhaskaran as MD and CEO, the budget airline said in a release on Wednesday. Sunil Bhaskaran is currently vice-president of corporate affairs at Tata Steel.

Bhaskaran’s appointment will be effective from November 15, AirAsia India said in the release.

AirAsia India has seen several high-profile exits in recent months and has been without a CEO for nearly six months and some of its executives are being investigated for alleged wrongdoing.

In May a case was filed against AirAsia Group CEO Tony Fernandes and its domestic entity AirAsia India, over allegations of corruption and breaking rules in obtaining a flying licence.

The Central Bureau of Investigation (CBI) accused the airline, some of its employees and third parties of violating foreign direct investment rules while obtaining the licence, and of allegedly bribing government officials in an attempt to get regulations relaxed to allow AirAsia India to fly international routes.

AirAsia India has refuted the allegations of wrongdoing.

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