Aditya Ghosh resigns as IndiGo president, Rahul Bhatia appointed interim-CEO
After 10 long years and an incredible journey, IndiGo Working Director and President Aditya Ghosh has announced his resignation from both posts, effective 26th April and July 31st, respectively. The IndiGo board is considering appointing former senior executive Gregory Taylor as the company's next CEO. In the meantime, IndiGo co-founder Rahul Bhatia will take over as interim CEO. Here's more on IndiGo's plans.
"Firstly, and with mixed emotions, I wish to inform you that Aditya Ghosh is resigning and will leave the company on July 31. Aditya wishes to explore starting a new business venture and we respect his decision to do so," said co-founder Rahul Bhatia.
Ghosh, a trained lawyer, joined IndiGo in 2008. His resignation comes at a time when the company is facing two major issues - one related to glitches in Pratt & Whitney engines aboard IndiGo's Airbus 320neos, and the second related to recurrent cases of misbehavior by IndiGo staff. The engine problem has lasted for over a year, causing mass flight cancellations.
Neither IndiGo, nor Ghosh provided a reason for the departure, but a company statement said that he would embark on his "next adventure" in the near future. Ghosh's tenure at IndiGo saw the company rise to become the most dominant player in India's civil aviation space. As of end-March, 2018, IndiGo was India's largest airline operator with a market share of 39.7%.
"In the coming months, the Board will consider the appointment of Greg (Taylor) as President and CEO of the company, subject to receiving the necessary regulatory approvals and paperwork," said IndiGo in a statement.
For now, IndiGo has announced the appointment of Gregory Taylor as a senior advisor, reporting directly to interim CEO Rahul Bhatia. Taylor had served as the executive vice-president of revenue management and network planning for IndiGo in 2016 and 2017. He had earlier held various management roles at US Airways and United Airlines in the spheres of corporate planning, fleet planning, strategy, finance etc.