scorecardresearch
Follow Us:
Wednesday, August 10, 2022

Jeh Wadia steps down as GoAir’s managing director

The airline, however, said that Wadia will continue as a promoter. It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier.

By: PTI | Mumbai |
March 22, 2021 10:02:50 pm
Jeh Wadia, part of the promoter family, has stepped down from his position of managing director while continuing as a promoter, GoAir said. (Photo: PTI)

Wadia group-owned no-frills airline GoAir on Monday announced that its managing director Jeh Wadia has stepped down from the position.

The airline, however, said that Wadia will continue as a promoter.

It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier.

Baldanza has been an advisor to the company since 2018 and director since 2019.

Subscriber Only Stories
Nitish’s break-up with BJP: Bihar is set for Mandal 2.0 politicsPremium
Sajjid Chinoy: ‘The rupee is a better-performing currency against t...Premium
Delhi Confidential: Amid Bihar drama, will Harivansh step down as Deputy ...Premium
Constant sparring, communication gap, poaching shadow: Why Nitish quit NDAPremium

The appointment of Baldanza is a part of GoAir’s long-term plans as it looks into the next phase of growth, the airline said in a release.

Baldanza as vice chairman will now work directly with the management team, comprising Kaushik Khona, chief executive officer, and Pankaj Chaturvedi, chief financial officer, in the next growth phase of GoAir into making it India’s first ultra low-cost carrier, it added.

Jeh Wadia, part of the promoter family, has stepped down from his position of managing director while continuing as a promoter, GoAir said.

Advertisement

“We are happy that Ben has accepted the position of vice chairman. His experience in creating the first ULCC in the US, turning it profitable and successfully leading its IPO are of great value, as GoAir embarks on the next phase of its growth journey,� said Nusli Wadia, Chairman, GoAir.

📣 Join our Telegram channel (The Indian Express) for the latest news and updates

For all the latest India News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
First published on: 22-03-2021 at 10:02:50 pm
0 Comment(s) *
* The moderation of comments is automated and not cleared manually by indianexpress.com.

Featured Stories

Advertisement
Advertisement
Advertisement
Advertisement