Indian flag carrier moving HQ out of Mumbai
Air India is set to relocate its corporate headquarters from Mumbai to Delhi in a bid to cut costs.
Currently, the airline has bases in both cities, which results in frequent travel between the two for Air India employees, the Times of India reports.
As well as cutting travel expenses, the move will also allow the company to lease out a prime piece of real estate – the Air India building in Nariman Port – raising capital for the company.
“There is no point having two headquarters,” a source told the paper.
“More work takes place from Delhi now and it is only going to increase as time passes.”
The company, which is the flag carrier of India and is owned by the government, has a fleet of 89 planes. The UK hubs to which it flies are Birmingham, London and Manchester, which are just some of the many others located in Europe, Asia, the US and Africa.
Written by Erin Marshall
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