In a surprise development, IndiGo announced today that Aditya Ghosh will step down as President and is likely to be replaced by one of its former executives Gregory Taylor.
It said Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
The development comes amid the airline embarking on ambitious expansion plans and its aircraft facing technical issues with engines.
Ghosh has stepped down as Whole Time Director of InterGlobe Aviation, the parent of IndiGo, effective from April 26 while his resignation as President would come into effect from July 31. The resignation was accepted during