Year of reckoning for India Inc: AirAsia's image took a nosedive in 2018

In 2019, AirAsia India will reach the 20-aircraft mark

Controversies, continuing losses, corner room changes. For AirAsia India, 2018 was no different from 2017. Its Chief Executive Officer Amar Abrol left following a disciplinary enquiry and the company had a hard time finding his replacement. Its image took a nosedive when the Central Bureau of Investigation accused chairman Tony Fernandes of bribing government officials for regulatory approvals.

The upshot of all this was a change in the dynamics of the company’s management. Tata Sons, the majority shareholder, is now playing a far more active role. For the first time, the CEO has been handpicked by Bombay House. Sunil Bhaskaran,