Ex-IndiGo (President) boss – Aditya Ghosh joins Rakesh Jhunjhunwala’s new airline – Akasa Air.
Aditya Ghosh has joined hands with Rakesh Jhunjhunwala in his new venture, Akasa Air.
Aditya Ghosh is a renowned name in the Indian aviation industry.
He was the president and the whole-time director of IndiGo airlines for a decade till 2018. Before that, he was group general counsel for interglobe enterprises.
A law graduate from Delhi University, Ghosh, has been instrumental in making IndiGo a world-class low-budget profitable airline.
Under Ghosh, IndiGo had collected around Rs 55,000 crore market capitalisation. The aircraft orders went up to 450, which included Airbus 321 and 320s.
Replacement by R. Dutta
Aditya was replaced in 2018 and it was the unanimous decision of the company.
IndiGo was going through a turbulent time in the year. It had issues of buying cheaper aircraft, engine issues with Pratt and Whitney.
- The customer dissatisfaction over the engine issues and handling of the crisis might have been the major reasons behind Ghosh’s exit from IndiGo.
Increase in Market share
But Ghosh is largely credited with the massive increase in market share of IndiGo and customer satisfaction.
He does not have any marketing or business academic background and was a practicing corporate lawyer.
A fitness freak, Aditya Ghosh joined Oyo Rooms post IndiGo as CEO, south asia, and board member.
Now, he will join hands with ace investor Rakesh Jhunjhunwala for Akasa air.
Information Source: The Times of India
Also read- DGCA: Domestic air passenger traffic in June rose up 47.18%
Also read- Airlines ferry the teams & their players to the Olympics 2021
Stay safe and connected.
Keep following us for the latest aviation updates.