According to data from CAPA, India has 701 aeroplanes in service while Southwest Airlines of the US has 803 aircraft in service as of June 2023
Though Bhatia’s appointment as Managing Director has surprised industry watchers, many believe the airline is gearing up to take on upcoming challenges. Competition is set to heat up with Air India going to the Tatas and ultra-low cost airline Akasa set to enter the market this year.
Chourangi opened near Hyde Park in October 2021. Some of the main chefs at the Bengali food restaurant in London are from Kolkata.
Sharing a picture of the degree, Aditya Ghosh penned a heartfelt note dedicating the achievement to his late father.
Akasa has a solid team and has large investors backing it. However, aviation is not an easy business. History is replete with crashes of many Indian airlines with similar pedigree and ambition
Aditya Ghosh will likely own less than 10 percent of Akasa and will not be part of the management but will be on the board as Rakesh Jhunjhunwala’s nominee.
Rohit Kapoor, currently CEO of the new real estate businesses of the company, has been appointed as CEO (India & South Asia) for OYO Hotels & Homes, it added.
OYO has already firmed up capacity expansion in Kolkata from 7,000 rooms to 20,000 by the end of 2020.
Last month, the company had also announced a commitment of Rs 1,400 crore for the India and Nepal markets.
"The money will go in capex, technology and leadership," Aditya Ghosh, CEO India and South Asia of Oyo said.
He will be reporting to the founder and group chief executive officer of OYO Ritesh Agarwal.
The clarification comes against the backdrop of markets regulator Sebi examining the sharp plunge in shares of InterGlobe Aviation hours before it announced the resignation of Ghosh.
Here’s all you need to know about the reasons behind Ghosh’s exist, his tenure at 6E, what the market and expert reactions to his exit are and what happens next at India’s largest airline.
Ghosh had a spectacular run at India’s largest airline for nearly 10 years at the top.
IndiGo is interested in just the international segment, says incapable of turning around all of Air India’s airline operations
As part of ambitious expansion plans, IndiGo is keen on opportunities in the regional aviation market as well as low cost long haul international flights.
IndiGo president and whole-time director Aditya Ghosh had during the post-Q1 earnings call on July 31 said that "regrettably, there have been days when we have had to ground as many as nine A320 Neo (planes) due to lack of spare engines.
Though a lot of decision over the sellout of stakes in Air India is yet to be taken, the letter of interest from India’s largest carrier can certainly be said a step towards its resurrection.
Making its intention clear to become a world-class international carrier, IndiGo became the first airline to formally express interest in loss-making Air India soon after the government decided on its disinvestment even as the modalities are being worked out.
This is the highest number of flights operated by an Indian airline on a single day. Aditya Ghosh, enthused by the news, is gunning for 1000 flights for the airline soon.
In a bid to consolidate its position in the Middle-East market, IndiGo airlines has announced Sharjah as its 6th international and 43rd overall destination in its schedule.
Spicejet CMD Ajay Singh and IndiGo President Aditya Ghosh have recently raised this issue during their meeting with Commerce and Industry Minister Nirmala Sitharaman.
Domestic carrier IndiGo and travel online platform Travelport today announced partnership to distribute the former‘s fares and ancillary products to the portal‘s customers across 180 countries.
The aftermath of the demonetisation drive continues to impact businesses across sectors. CNBC-TV18 spoke to different segments of India Inc to gauge the impact felt them.