[ad_1] In a bid to encourage a significant section of its employees to retire voluntarily, Air India on Wednesday lowered the eligibility age from 55 to 40 and announced a cash incentive. After successfully winning the bid for the airline on October 8 last year, the Tata group took over control of Air India on January 27.Since April, the airline’s chairman N Chandrasekaran has replaced the airline’s top management, bringing in senior and mid-level executives who have worked in other Tata group companies such as Tata Steel and expand. In…