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Tag: Peter Elbers

Who is Rahul Bhatia? IndiGo co-founder takes interim charge after CEO Pieter Elbers resigns with immediate effect

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India’s largest airline, IndiGo, on Tuesday said its managing director Rahul Bhatia will serve as interim CEO until a replacement is appointed. The development comes after CEO Pieter Elbers resigned with immediate effect, three months after the airline witnessed massive operational chaos that left many passengers stranded. The airline said that the Board of Directors…

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Why may IndiGo’s parent InterGlobe Aviation shares have a gap-down opening on Wednesday? explained

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Shares of InterGlobe Aviation, the parent of India’s largest airline IndiGo, are expected to open lower on Wednesday, March 11, after the company’s chief executive officer, Pieter Elbers, exited his position on Tuesday, citing personal reasons. On Tuesday, the company informed the exchanges that Pieter Elbers had resigned with immediate effect, prompting the founder and…

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