Jeh Wadia, Managing Director of GoAir has resigned after three years at the helm of the airline and would continue as a promoter of the low cost carrier. Ben Baldanza, who has been an advisor to the company since 2018 and director since 2019, has been elevated as vice-chairman of the board.

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The airline said in statement: "With the goal of taking GoAir to its next phase of growth, the promoters of the company and its Board came together to formulate a long-term plan. Amongst other initiatives, a key element of this plan, forged over weeks of discussions and consultation, was to further strengthen the management of the company by bringing on-board proven industry professionals, a strategy that has worked well for the group in its other ventures including Britannia."

Baldanza will now work directly with the management team, comprising of Kaushik Khona – CEO and Pankaj Chaturvedi – CFO. He said, "I am excited to be part of GoAir’s next stage of journey. This gives me the opportunity to apply my years of airline experience in the vibrant and fast-growing market of India to create enduring value for all stakeholders."

Speaking on behalf of the promoter family, Chairman Nusli Wadia said, "We are happy that Ben has accepted the position of Vice-Chairman. His experience in creating the first ULCC in US, turning it profitable and successfully leading its IPO are of great value, as GoAir embarks on the next phase of its growth journey."

(Edited by : Jerome)