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Rakesh Gangwal (born 25 July 1952) is an Indian-American billionaire businessman. He is the co-founder and 25.2% owner of IndiGo airline. [1] He is the former chief executive officer (CEO) and chairman of US Airways Group. From June 2003 to August 2007, Gangwal was the chairman, president, and chief executive officer of Worldspan Technologies ...
17 hours ago · Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s...
15 hours ago · Rakesh Gangwal, already successful with IndiGo Airlines, is now playing a key role in Southwest’s future. His $100 million investment not only increases his stake but also signals his strong belief in Southwest’s long-term success.
1 day ago · Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock ...
Rakesh Gangwal, co-founder of IndiGo Airlines, has invested over $100 million in Southwest Airlines by purchasing 3.6 million shares, aligning his interests with the airline's shareholders.
1 day ago · Airline veteran Rakesh Gangwal made his fortune from InterGlobe Aviation, the parent outfit of budget airline IndiGo, India's largest by market share. Gangwal started his airline career...
Aug 16, 2023 · The co-founder of IndiGo, Rakesh Gangwal, has reportedly sold shares worth $450m, indicating a possible exit from the company he helped create. Gangwal and Rahul Bhatia founded the airline in 2006, and it quickly became the market leader in India.
Aug 29, 2024 · Rakesh Gangwal's stake sale aligns with his plan to gradually reduce his holding in IndiGo, as announced after stepping down from InterGlobe Aviation's board in February 2022.
6 days ago · Overview. Gangwal is a co-founder of InterGlobe Aviation, the operator of India's biggest airline. The Gurgaon-based company had revenue of about 690 billion rupees ($8.3 billion) in the year to...
Jul 8, 2024 · DALLAS, July 8, 2024 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) ("Southwest") (the "Company") has appointed Rakesh Gangwal as a member of the Board, effective July 7.
