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Our Executive Team

Montek Mayal

Montek Mayal is the CEO of New Airways Travels.  He recently joined New Airways from FTI Consulting, a global financial and economic advisory firm.  He was a consultant in FTI’s Economic Consulting practice in London. Montek has experience of market analysis, valuation and market research work across a number of sectors including travel, leisure, telecom, media and advertising, oil and gas, and petro-chemicals.

 

Montek graduated summa cum laude and Phi Beta Kappa with a degree in mathematics and computer science from Colgate University in 2009.  He is CFA Level III candidate.

 

At FTI, Montek was an integral part of the team in analyzing and evaluating a specialized tour operator with operations focused in UK and USA.  The company was eventually sold for c. US$1.5 billion.  Montek assisted in evaluating the company’s financials, strategy and reasons for success and failure throughout its c. 60 year  history.

 

Montek has developed and designed a number of quantitative models to value and forecast different aspects of businesses. Montek helped build and devise a complex model to value the assets of a major US petrochemical company and asses the impact of the credit crisis in 2008, which was used as a basis for an expert report in international arbitration proceedings.

He is also familiar with the digital advertising market. He jointly designed and verified a model to calculate the impact of Ofcom’s proposed regulations on the advertisement minutage and revenue of major television channels. The model helped gauge price developments for prime-time and non prime-time market shares for television companies to assess the impact of Ofcom’s regulation of the UK advertisement market.

 

Montek is further familiar with auction theory and strategy, market research, cross-border dispute analysis and valuations, and further experience includes the development of models to calculate financial damages and loss of revenue for cases relating to international arbitration in various industries including oil and gas. beverage and luxury goods.

 

Montek Mayal

CEO, New Airways Travels, New Delhi

B.A., Colgate University, Math and Computer Science

Honors: Summa cum laude, Phi Beta Kappa

Email: montek.mayal@gmail.com

Tel: +91 11 4350 9000

Mob: +91 981 0320 439

Fax: +91 11 2371 2717

 

 

Tarunvir Mayal

Tarunvir Mayal is the CFO of New Airways Travels. Tarunvir graduated from Delhi University. He also completed a diploma in Travel & Tourism from in Sydney, Australia.

 

Tarunvir has been in the business for over 10 years now and is well-versed with the operational and all other major aspects of the travel business. He also manages the day to day operations of the domestic bookings and ticketing of New Airways Travels. Tarunvir shares an excellent rapport wit h the representatives of all major carriers in the country.

 

Tarunvir Mayal

CEO, New Airways Travels, New Delhi

B.A., Delhi University Travel & Tourism Diploma, Macleay College

Email: newairtravels@hotmail.com

Tel: +91 11 4350 9000

Mob: +91 981 0068 363

Fax: +91 11 2371 2717