Pieter Elbers joins as IndiGo CEO; stock edges down
Elbers succeeds Ronojoy Dutta (71), who has decided to retire on 30 September 2022 after steering IndiGo through the turbulent Covid period.
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Ronojoy Dutta to retire as IndiGo CEO, Pieter Elbers next in line
Pieter Elbers will join IndiGo as the chief executive officer on or before October 1, 2022.
IndiGo CEO defends airline's decision, offers electric wheelchair for specially abled teen
Calling the incident "unfortunate", IndiGo CEO Ronojoy Dutta says the staff made the best possible decision.
A sustainable flight path
Battered by the Covid-19 pandemic, India’s aviation sector relies on sustainability for the road to viability among airports and airlines. Here’s what works, what doesn’t.
Pandemic hits IndiGo; Q1 loss mounts
IndiGo reported a staggering loss of ₹3,174 crore for the first quarter, impacted severely by the pandemic. However, from July onwards it has started to see a measured recovery in passenger demand.
Aviation gallops: Daily passengers up 3x since May
With the decline in the second wave of the pandemic, passenger confidence in air travel is on the rebound. Starting October, though, is when traffic numbers could gain momentum, says IndiGo.
Business travel has changed forever: IndiGo CEO
United Airlines, Air Canada, US Airways, and Air Sahara were Ronojoy Dutta’s stamping grounds, before IndiGo. Since then, it hasn’t been clear blue skies for the man. He now sees tailwinds emerging.
The IndiGo strategy
Even as the Tata group doubles down on its aviation bets, IndiGo is also preparing ground for its next stage of growth. It’s on a mission to build the best airline system for India, says its CEO.
No salary cuts at IndiGo
With free cash reserves of over ₹9,000 crore, the airline has decided to pay heed to the government’s wish of not reducing pay for employees during the lockdown; it had announced pay cuts earlier.
IndiGo announces pay cuts as air travel plummets
The airline’s CEO Ronojoy Dutta is taking a 25% cut in salary, while all other employees will have to take a pay cut ranging between 5% and 20%; Employees in bands A and B are exempted.
