Sunil Bhaskaran, AirAsia India’s chief executive officer (CEO) and managing director (MD), is the front-runner to head the low-cost carrier that will take birth after the merger of Air India Express and AirAsia India, sources said. In a show of confidence, the airline’s board extended Bhaskaran’s tenure by three years — until March 2025 — in a meeting held earlier this year, according to the documents reviewed by Business Standard. Moreover, AirAsia India’s board of directors has increased Bhaskaran’s salary twice in 2022 — first in January by 5 per cent and then in June by 7 per cent, the documents showed.
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