Categories: Appointments

IndiGo’s co-founder Rahul Bhatia named as first MD of the company

The low-cost Indian airline, IndiGo has appointed its co-founder and promoter Rahul Bhatia as the Managing Director (MD) of the company with immediate effect. He is the first-ever MD of Indigo, because before this the company never had a managing director. Ronojoy Dutta is the CEO of the Indigo.

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The board of directors, during its meeting, unanimously approved the appointment of Bhatia as the managing director with immediate effect, subject to the approval of the shareholders. IndiGo is back in the black with a net profit for the December quarter at Rs 130 crore. The profit comes after the airline posted a loss for a series of straight quarters.

Current affairs 2022

Important takeaways for all competitive exams:

IndiGo Founded: 2005;
IndiGo Headquarters: Gurugram.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.