• About
  • Contact
Thursday, January 21, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Agency
  • Industries
  • FMCG
  • Automobile
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home Industries

Ronojoy Dutta Appointed CEO for Indigo Airlines

Sourav by Sourav
June 25, 2019
in Industries
2 min read
0
ronojoy dutta
Share on FacebookShare on Twitter

On Thursday, IndiGo owner InterGlobe Aviation appointed Ronojoy Dutta as the new Chief Executive Officer (CEO) of the company with immediate effect. Dutta had earlier been appointed as the principal consultant and was tasked with drawing up a five-year business plan for the carrier, whilst adding that he himself was a top contender to head the carrier. The company has also appointed Meleveetil Damodaran as the Independent Non-Executive Director and the Chairman of the Board of Directors of the Company with immediate effect. Two months after the death of M.D. Mallya who had served as chairman of the company, his appointment came. Ronojoy Dutta will remain as the CEO for the company for the next five years.

The 67-year-old newly appointed CEO, Ronojoy Dutta, has done BS Mechanical Engineering from Indian Institute of Technology and MBA from Harvard Business School. He co-founded and was the Managing Director of ACO Investment, renowned investment advisory firm in the field of aviation and infrastructure.

After graduating from IIT, Kharagpur, Dutta got his management degree from Harvard Business. A strategic adviser for several carriers such as Air Canada and Hawaiian Airlines, he spent close to 17 years at United Airlines. Rakesh Gangwal, the former CEO and Chairman of US Airways group, was with the airline between 1984 and 1994, before moving to US Airways, where Dutta later became a strategic adviser and member of the board. Dutta was President of United Airlines from 1999 to 2002, followed by President of Air Sahara from 2005 to 2008. He succeeded Aditya Ghosh, who quit eight months ago, leaving Co-founder Rahul Bhatia as interim CEO in the intervening period.

indigo
source:- indigo.com

After Ghosh’s exit, industry experts were quoted saying that his ideal replacement would be someone with extensive international experience, someone who could drive and help expand the international operations of the airline.

Industry veteran Ronojoy Dutta seems to be the perfect candidate for the same, given the fact that he has several decades of experience in the aviation sector.

And accordingly, Dutta is also looking to step up international growth, even as IndiGo grapples with high costs and low yields at home. The December quarter profit fell 75%, it announced, due to high fuel costs and a failure to increase existing prices in line with expenses. However, the carrier has been building up its market share at the expense of rivals and it has a 43.2% market share, followed by Jet Airways, Air India and SpiceJet respectively.

“IndiGo is blessed to be operating as part of one of the highest growth economies of the world and this opens up future opportunities for rapid growth,” Dutta was quoted saying.

Source

#indigo #aviation

Previous Post

Samsung To Launch Galaxy M Series Smartphones In India On January 28

Next Post

RBI Gives YES Bank A Thumbs Up For Ravneet Singh To Be The New CEO

Sourav

Sourav

Excellent story-teller, with a background in SEO and Digital Marketing. Likes to write and give form to opinion and incidents.

Related Posts

Reliance Industries RIL Biggest Brand Market cap Rights Issue Donates Market Capitalization- Next Big Brand
Industries

Reliance Industries Break Into Top 100 Global Companies After 8 Years

August 12, 2020
Reliance Industries RIL Biggest Brand Market cap Rights Issue Donates Market Capitalization- Next Big Brand
Industries

Reliance Industries Is 2nd Biggest Brand In World After Apple: Future Brand Index 2020

August 6, 2020
Reliance Valuable Energy Firm- Next Big Brand
Industries

Reliance Is Now 2nd Most Valuable Energy Firm In World, Overtakes ExxonMobil

July 25, 2020
Reliance Industries RIL Biggest Brand Market cap Rights Issue Donates Market Capitalization- Next Big Brand
Industries

RIL Becomes first Indian Company To Hit ₹14 Lakh Crore Market Cap

July 24, 2020
Reliance Industries RIL Biggest Brand Market cap Rights Issue Donates Market Capitalization- Next Big Brand
Industries

RIL Becomes First Indian Company To Cross ₹13 Lakh Crore Market Cap

July 22, 2020
RIL Top 50 Companies Market Cap Debt Free- Next Big Brand
Industries

RIL Is Among Top 50 Most Valued Publicly Traded Companies Globally

July 15, 2020
Next Post
RBI Gives YES Bank A Thumbs Up For Ravneet Singh To Be The New CEO

RBI Gives YES Bank A Thumbs Up For Ravneet Singh To Be The New CEO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

Azah Sanitary Pads- Next Big Brand

Solving The Problems Of A Gender With Their Innovation- Aqib Mohammed

10 months ago
chris daniel and chris cox

CPO Chris Cox and Whatsapp VP Chris Daniels Leave Facebook

2 years ago
Aditya-Birla-Fashion-Next-Big-Brand

Aditya Birla Fashion buys 51% stake in Finesse International for Rs.60 Crore

2 years ago
Toyota-Kirloskar-Motor-source-livemint.com

Toyota Kirloskar Posts 10% Growth in Domestic Sales in December 2018

2 years ago

FOLLOW US

  • 22.3k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Tata Group is All Set to Acquire 60% stake in BigBasket
  • Alibaba Share Surges after Jack Ma’s Resurfacing Video
  • Insights of Arata’s Natural Health Products Journey to Health Industry with Bhasin and Madhok

Instagram

Follow Me!

Latest News

Tata Group is All Set to Acquire 60% stake in BigBasket

Tata Group is All Set to Acquire 60% stake in BigBasket

January 20, 2021
Chinese Billionaire Jack Ma Suspected Missing after Condemning the Chinese Government.

Alibaba Share Surges after Jack Ma’s Resurfacing Video

January 20, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Agency
  • Industries
  • FMCG
  • Automobile
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.