IndiGo CEO

The budget-carrier is planning to double the airline's international destinations to 40 by March 2025, with a focus on untapped markets for Indian travellers

IndiGo has solidified its supremacy in the Indian aviation sector by increasing its domestic market share to 60.5 per cent in 2023 from 56.1 per cent in 2022

IndiGo shares were up 0.9% in afternoon trading on Friday

India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. IndiGo is the country's largest carrier with a domestic market share of more than 63 per cent and is also expanding its international operations. The airline connects 32 international and 81 domestic destinations. According to Elbers, India is an incredible and one of the most competitive aviation markets in the world. IndiGo is going through a "maturing phase", he said and stressed on the need for having aviation hubs in India, which is under served. Elbers was speaking at the conference of the All India Management Association (AIMA) in the national capital.

Leaves after three years of service in second stint; Vinay Malhotra, head of IndiGo's Global Sales, will take over from him

Known for his decisiveness, new chief will have his task cut out as domestic competition heats up

InterGlobe Aviation CEO Ronojoy Dutta, who will be stepping down next month ahead of his tenure, has agreed to an enhanced two-year non-compete period wherein he will not engage with any business that is similar or in competition with the company. Dutta is to step down as the Whole Time Director and CEO of InterGlobe Aviation, the parent of the country's largest airline IndiGo, on September 30 whereas his current tenure is till January 23, 2024. On Tuesday, the company said it will seek shareholders' approval for the remuneration of Dutta for this fiscal "as minimum remuneration in the event of absence or inadequacy of profits". The e-voting on the proposal will be open from August 31 to September 29 and the results will be declared on or before October 1. According to the filing, Dutta has agreed to an enhanced non-compete period of two years as against one year that was originally agreed to after stepping down. Under the non-compete restrictions, "he shall not engage with any ..

Foresees 13% capacity growth, hints at likelihood of aircraft lease extension; airline is seeing passengers moving from rail and other modes on short duration routes

IndiGo's Ronojoy Dutta on the airline's performance and the horizon ahead

In an interview with Business Standard's Aneesh Phadnis and Arindam Majumder, IndiGo CEO Ronojoy Dutta tells about the airline's performance and plans about long international routes

More than three months ago, the country's largest airline IndiGo's successful co-founders Rahul Bhatia and Rakesh Gangwal made headlines. On February 4, the announcement came that Bhatia will take charge as the airline's Managing Director and on February 18, amid the not-so-cosy relations between the two co-founders, it was announced that Gangwal has stepped down from its board. Bhatia took over as the Managing Director on February 4 and since then, there have been quite a few churns in the top deck. IndiGo -- a low-cost carrier which accounts for more than half of the country's domestic traffic -- has announced the appointment of new Chairman, Chief Financial Officer (CFO) and Chief Executive Officer (CEO) since March. In March, IndiGo's market share stood at 54.8 per cent, as per official data. IndiGo, which has nearly 300 planes in its fleet, is also bracing for more competition with Akasa expected to be operational in the coming months while Jet Airways likely to restart ...

IndiGo CEO on Monday offered his regrets on the incident that happened at the Ranchi airport on Saturday wherein a specially-abled child was barred from boarding his flight to Hyderabad

Dutta said Air India will be a formidable force under the Tata Group and IndiGo does not take it lightly at all

Dutta, who is currently the CEO, has been redesignated with immediate effect and his term in the new role would be valid till January 23, 2024, according to a release

Kumar had left IndiGo to join AirAsia India. He has also worked at erstwhile Sahara Airlines

All is not well at the country's largest private airline

The spat between co-founders and promoters Rakesh Gangwal and Rahul Bhatia escalated after Gangwal on Tuesday alleged violations of corporate governance rules at the parent group

It said Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.

Prock-Schauer will take charge of IndiGo's operational aspects including flight operations, maintenance, engineering and in-flight services