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Rakesh Gangwal Former CEO and Chairman of US Airways Group |
In 2016, Rakesh Gangwal has been recognized by Forbes Magazine and is one of the 5 NRIs in the Forbes 400 richest people. Gangwal has been ranked 321 on the list with a net worth of $2.2 billion. He made his fortune from InterGlobe Aviation, the parent company of his budget airline IndiGo, India's largest by market share
- Gangwal is an aviation entrepreneur, who co-founded InterGlobe Aviation, which operates budget airline IndiGo, that is India's largest by market share.
- Gangwal owns more than 40 per cent of the company and currently serves as a board member
- He is a former CEO and Chairman of US Airways Group
- 2003- 2007, Gangwal was the chairman, president, and chief executive officer of Worldspan Technologies, Inc., a provider of travel technology and information services to the travel and transportation industry.
- 2002- 2003, Gangwal was involved in various personal business endeavors, including private equity projects and consulting projects. He was the president and chief executive officer of US Airways Group from 1998 until his resignation in 2001.
- He is co-founder of Indigo airline.
- In 1994, he served as executive vice president for Air France
- In 1984, he joined United as Manager-strategic-planning. He held a series of positions at United
Gangwal had been a financial analyst in the product development group of Ford Motor Co. and a production and planning engineer with Philips India Ltd.
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Gangwal was born in Kolkata, India in 1953. He did his schooling from Don Bosco Park Circus, received his Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology Kanpur and Master of Business Administration degree from the Wharton School of Business of the University of Pennsylvania. |
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