Arvind Jadhav New NACIL CMD

Arvind Jadhav, IAS, has assumed charge as the new Chairman and Managing Director of National Aviation Company of India Limited (NACIL). Jadhav was earlier Principal Secretary, Infrastructure Development Department, and Government of Karnataka. Jadhav joined the Indian Administrative Service in 1978 and belongs to the Karnataka cadre. Jadhav has been appointed for a period of three years, the ministry of civil aviation said in a statement. "His appointment will be from the date of his taking over charge and for a period of three years, or until further orders, whichever is earlier," it said. The change at the helm has come in the backdrop of falling market share of Air India even though it is going through a major fleet expansion programme to induct 111 new Boeing and Airbus aircraft over the next few years. The company has sought Rs.2, 500 crore from the government to finance the fleet expansion.