Long-standing president of Indian low-cost carrier IndiGo, Aditya Ghosh, has resigned and will step down from the role at the end of July after a decade at the helm.
In a brief stock market statement issued after the close of business today, IndiGo parent InterGlobe Aviation says airline founder Rahul Bhatia will act as interim chief executive. It has also named former United Airlines executive Gregory Taylor as senior advisor to the company, a role in which he will report directly to Bhatia.
InterGlobe says it accepted the resignation of Ghosh at a board meeting today, with effect from 31 July 2018.
Ghosh has been with the Indian low-cost carrier since its launch of flights in 2006, succeeding Bruce Ashby as president of IndiGo in 2008.
During his 10 years at the helm, IndiGo has grown rapidly to become India's largest carrier. IndiGo carried almost 50 million passengers in 2017 and in its current financial year is set to continue its unbroken run of net profit under his leadership.
Over the period of rapid growth, its fleet has reached 163, predominantly Airbus A320 family aircraft, but now also including its first regional aircraft in the shape of ATR turboprops. Flight Fleets Analyzer shows IndiGo also has 442 aircraft on order, covering a range of A320neo family aircraft and ATR 72s.
Source: Cirium Dashboard