Image: Vivek Prakash/ Reuters
Aditya Ghosh, president and whole time director of InterGlobe Aviation Ltd, which owns and operates India’s biggest and most profitable airline IndiGo, has stepped down from his posts will exit the company in July, according to a press release by the company.
Ghosh helmed the airline for almost 10 years, a period in which IndiGo has gone on to dominate the Indian skies. Presently, the airline enjoys an unrivalled 40 percent share of domestic air passenger traffic.
Rahul Bhatia, the billionaire co-founder of IndiGo, will be the airline’s interim CEO, while Gregory Taylor, the former executive vice-president of revenue management and network planning at airline, is being considered to take over Ghosh’s position. At present, Taylor has been appointed as senior advisor and will be reporting directly to Bhatia.
“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,” the release said.
On Friday, in a letter to employees Ghosh wrote, “It’s now time for me to step off the treadmill and get ready for my next new adventure.” His resignation comes at crucial time when the airline is looking at starting long-haul international operations out of India.
“We are delighted at Greg’s decision to rejoin the IndiGo team and welcome him back to the company. His enormous and varied experience and understanding of the complexities of the airline industry will be invaluable to our future plans,” said Rahul Bhatia, interim CEO of the airline.
In his 40-year work career, Taylor has held various senior management roles at United Airlines and US Airways in the areas of corporate planning, strategy, network planning, fleet planning, finance, cost management, among others.