IndiGo names former British Airways chief William Walsh as CEO [Yahoo! Finance]
INTL CONSL AIRLNS S/ADR (ICAGY)
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Source: Yahoo! Finance
India's largest airline IndiGo has named aviation industry veteran William Walsh as its new chief executive, weeks after the resignation of its former CEO. Walsh will join IndiGo in August after the end of his term as the director general of the International Air Transport Association. Pieter Elbers resigned as IndiGo's CEO on 10 March with immediate effect, citing personal reasons. But it was widely seen as being linked to a recent crisis that forced the airline to cancel thousands of flights, the largest disruption in its 20-year history. In December, the carrier cancelled about 4,500 flights , leaving thousands of passengers stranded at airports across India. IndiGo controls about two-thirds of the country's domestic aviation market, so the inconvenience caused by the disruptions was huge. Thousands of people missed important life events, including funerals and their own weddings, and were left scrambling to make alternate arrangements. How India's largest airline lost
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