Aditya Ghosh boards Akasa to make aviation comeback after three years

By Moneycontrol

Aditya Ghosh is all set to make a comeback to domestic aviation after exiting as president of IndiGo in 2018, having helmed the airline for over a decade.

Ghosh, billionaire Rakesh Jhunjhunwala and former Jet Airways chief executive officer Vinay Dube are said to be the cofounders of ultra-low-cost airline Akasa. Ghosh will reportedly own a 10 percent stake in Akasa, which is modeled on RyanAir, the Irish airline that offers cheap air transportation, mostly on inter-European, short-haul flights.

Ghosh has a background in law. He had not been to business school and neither had he worked with an airline before he joined IndiGo when it started.

He was working with a PR consulting firm, which IndiGo’s parent company InterGlobe Aviation had hired before the airline was launched. At that time, Ghosh was said to be putting together IndiGo’s legal documentation and he eventually joined IndiGo as its legal counsel.

In 2007, Ghosh was inducted onto the IndiGo board and became its president the following year, heading all operations and the management of IndiGo. Ghosh was the second president of IndiGo after founder-president Bruce Ashby returned to the US.

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