Meet new IndiGo CEO Ronojoy Dutta: IITian, airline veteran and Harvard grad - Things to know about him
India's biggest Airline by market share., IndiGo has appointed Ronojoy Dutta as its CEO, for a period of five years as it plans a major international expansion this year.
India's biggest Airline by market share., IndiGo has appointed Ronojoy Dutta as its CEO, for a period of five years as it plans a major international expansion this year. Dutta has been appointed as the CEO just eight months after its former head Aditya Ghosh quit the airline. Dutta would be taking the charge of CEO from the company's co-founder and interim CEO Rahul Bhatia, who stated on Wednesday that the next phase of company's growth would come from international expansion. "IndiGo has had phenomenal success in establishing itself as a world-class airline, and I am so very happy to be given this opportunity to be a part of it. IndiGo is blessed to be operating in one of the highest growth economies of the world, and this opens up future opportunities for rapid growth," Dutta said Thursday, reported PTI.
The new CEO of the airline was the president of United Airlines between 1999 and 2002 and was associated with it for nearly twenty years, holding various senior leadership positions including Senior Vice President (VP) Planning, senior VP Maintenance, VP Finance, and VP Information technology.
Ronojoy Dutta was also the President of Air Sahara for two years. He was an advisor to the restructuring of both Air Canada and US Airways.
The airline veteran is an alumnus of St Edmunds school Shillong and a graduate from the Indian Institute of Technology, Kharagpur. He is also an alumnus of Harvard Business School from where he received his management degree.
Dutta has been a strategic adviser for several airlines including Air Canada and Hawaiian Airlines. He was also an adviser to financial institutions like Cerberus, Greenbriar, Houlihan Lokey, and aviation consultancy AAR Corp, according to Economic Times.
InterGlobe Aviation, parent of IndiGo, Wednesday reported a 75 per cent fall in net profit at Rs 190.9 crore in the December quarter as high fuel prices and currency depreciation adversely impacted the bottomline.
The airline had a profit after tax of Rs 762 crore in the corresponding period of 2017-18.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.