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Gold Silver Reports (GSR) – The seemingly sudden resignation of Aditya Ghosh from India’s largest airline IndiGo was “not so sudden” said the airline’s co-founder Rahul Bhatia. that a few months ago Ghosh had expressed a desire to step down and devote more time to his personal life.            

“Aditya has been integral to InterGlobe ever since the aviation project started 13 years ago. There can never be any animosity,” said Bhatia in an effort to counter rumours that Ghosh’s departure was prompted by recent trouble at the airline connected to technical glitches in engines supplied by Pratt and Whitney and a few highly publicised customer run-ins with airline staff. It may not be sudden, but the timing of Ghosh’s departure is curious.

Ghosh, president and whole-time director of InterGlobe Aviation Ltd., the company that runs IndiGo, has stepped down just months before he finishes 10 years at the helm of the airline. He was appointed president in August 2008.

While a company filing with the stock exchanges on Apr. 27 said Bhatia would be interim chief executive officer, a separate media statement issued by the company on the same day said Gregory Taylor, who had been appointed senior adviser, was also being considered for the top job once regulatory clearance was received.

Interestingly, Taylor served as executive vice president of revenue management and network planning at IndiGo for over a year and left the airline as recently as February 2018.

Why did IndiGo let Taylor go if at the time it knew of Ghosh’s desire to step down?

“ We were hopeful of convincing Aditya. That’s why the gap between Greg leaving and coming back,” Bhatia claimed. He was emphatic in his efforts to quell speculation around Ghosh’s exit. The press is dealing with Aditya unfairly he said.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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