Dallas-based Southwest Airlines (WN) is one of the most popular and largest low-cost airlines in the world and is headed by CEO Bob Jordan.
IndiGo Rakesh Gangwal
Southwest Airlines (WN) announced Monday (November 5, 2024) the appointment of Rakesh Gangwal, co-founder of India’s largest low-cost carrier IndiGo Airlines (6E), as its new independent board chair.
Rakesh Gangwal, Southwest Airlines (WN) director, has invested over $100 million in the company by purchasing 3.6 million shares.
Rakesh Gangwal, co-founder of InterGlobe Aviation, prepares to sell up to $804 million of his stake in IndiGo Airlines (6E) through a block deal.
The Board of Directors of Southwest Airlines (WN) has appointed Rakesh Gangwal, co-founder of IndiGo (6E) as a member, effective July 7.
a block deal is scheduled for Wednesday involving the sale of shares of Interglobe Aviation [operator of IndiGo (6E) Airlines] by the family of Rakesh Gangwal, co-founder of the airline.