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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.
Jun 22, 2024 · Learn about Rakesh Gangwal, the cofounder of India's largest budget airline IndiGo, and his net worth, education, career and personal life. Read his latest Forbes articles on business topics and insights.
Oct 31, 2015 · Dining out at a fancy restaurant would be a waste of money and time, Rakesh Gangwal, 62, told the French executives who were hosting him. Instead, Gangwal said, he would introduce them to a...
- Tarun Shukla
Aug 16, 2023 · Rakesh Gangwal, a former executive of United Airlines and Air France, partnered with Rahul Bhatia to launch IndiGo in 2006. He played a key role in IndiGo's growth, strategy and profitability, but reportedly sold shares worth $450m in 2023.
Feb 22, 2022 · Rakesh Gangwal, co-founder of IndiGo, decided to step down as director to sell his stake in the airline. The move follows a long-drawn dispute with his partner Rahul Bhatia, which involved media and courts.
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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.
Feb 15, 2023 · Rakesh Gangwal is an airline veteran who co-founded India's largest low cost carrier IndiGo in 2006 with Rahul Bhatia. He resigned from the board in 2009 and is planning to sell his stake in the airline over the next five years.
