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.
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.
Co-founder Rakesh Gangwal and his family will begin the process on Thursday, seven months after he announced he would sell all of his shares in the low-cost airline over the course of five years and resigned from the board of InterGlobe Aviation, the parent company of IndiGo.
Rakesh Gangwal, creator of the airline IndiGo, has donated Rs 100 crore to the Indian Institute of Technology-Kanpur
IndiGo co-founder Rakesh Gangwal has resigned from the board and is planning to cut his stake in the airline over the next five years