Southwest names aviation veteran Gangwal as board chairperson
1 day ago · Gangwal, an American, has spent several years in senior roles at United Airlines and U.S. Airways. He resigned from the board of Indigo's parent InterGlobe Aviation in 2022.
Southwest Names IndiGo Co-Founder as Independent Board Chair
1 day ago · Rakesh Gangwal, co-founder of IndiGo, is appointed as the independent board chair at Southwest Airlines. Southwest's leadership changes are part of a settlement with Elliott Investment Management ...
IndiGo co-founder's family likely to sell stake worth up to $909.6 ...
BENGALURU, June 12 (Reuters) - The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline's parent InterGlobe Aviation Ltd (INGL.NS),...
IndiGo’s Gangwal Sells $1.3 Billion Stake Near Record High
Aug 29, 2024 · The billionaire co-founder of IndiGo, Rakesh Gangwal, sold nearly $1.3 billion worth of shares in the airline’s operator InterGlobe Aviation Ltd. a day after they closed at a record high.
IndiGo Co-Founder Gangwal Raises $820 Million in Block Sale
Mar 11, 2024 · A co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5 million shares of InterGlobe Aviation Ltd., the owner of Indigo, at 3,015.10 rupees per share, according to the terms of the deal seen by Bloomberg News.
IndiGo co-promoter Rakesh Gangwal resigns from airline’s …
Feb 18, 2022 · IndiGo co-promoter Rakesh Gangwal on Friday resigned with immediate effect from the board of directors of the parent firm, InterGlobe Aviation, where he served as a non-executive, non-independent director.
What Bringing Rakesh Gangwal On Board Means For Southwest …
2 days ago · Just days after Southwest Airlines finally settled its differences with activist hedge fund Elliott Management, the carrier has made a unique move, one which sends multiple different signals to investors, the market, and the hedge fund with which it had been dueling all summer.Today, Southwest Airlines announced that Rakesh Gangwal, the founder of Indian low-cost behemoth IndiGo, would be ...
IndiGo Co-Founder Gangwal Raises $820 Million in Block Sale
Mar 11, 2024 · A co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5...
IndiGo founder Rakesh Gangwal's $795 million block sale: Effect …
Rakesh Gangwal, co-founder of IndiGo, India’s biggest airline, is seeking to raise up to $795 million from selling his stock.
Southwest names aviation veteran Gangwal as board chairperson
1 day ago · Nov 4 (Reuters) - Southwest Airlines (LUV.N), opens new tab on Monday named aviation industry veteran Rakesh Gangwal as the chairperson of its board. The airline brought in the co-founder of India ...