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IndiGo appoints Rahul Bhatia as MD; to focus on airline’s int’l presence

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IndiGo appoints Rahul Bhatia as MD; to focus on airline’s int’l presence

Airline giant IndiGo appears to be gearing up for the challenge of tougher competition in Indian skies, appointing its co-founder and promoter Rahul Bhatia as managing director, focusing on expanding the airline’s presence in India and internationally.

The appointment comes as Tata Group buys Air India and new budget carrier Akasa Air plans to start operations.

In addition, this development has greater significance as less Covid restrictions are expected to trigger a lot of demand, not only domestically but even in the international market segment.

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Notably, the appointment also signifies that the airline’s co-founders and promoters – Rahul Bhatia and Rakesh Gangwal – are in a truce following a dispute over a shareholder agreement.

On Friday, InterGlobe Aviation’s board unanimously approved Bhatia’s appointment, effective immediately, “subject to approval by members of the company.”

Bhatia said his agenda will be transformative and will focus on expanding the airline’s presence in India and international markets and building long-term growth plans.

According to IndiGo chairman Meleveetil Damodaran, Bhatia will oversee all aspects of the airline and actively lead the management team.

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Ronojoy Dutta, CEO of IndiGo, said: “I describe Rahul as a restless and driven entrepreneur who is always looking for bigger and better opportunities in any business or venture. For example, our initiative with Cargo , and the last entire digital years spearheaded by Rahul.

“We are now entering a new phase of our journey with more international and long-haul flights. Strengthening the company’s thought leadership is a timely and welcome move in this changing and exciting environment.”

The appointment announcement comes on the same day IndiGo reported a year-on-year net profit of Rs 129.8 crore for the third quarter of fiscal 2022.

The airline posted a net loss of Rs 620.1 crore in the same period last year.

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Total revenue for the quarter ended December 2021 stood at Rs 9,480.1 crore, up 63.5% from the same period last year.

As of December 31, 2021, IndiGo’s fleet consisted of 283 aircraft, including 56 A320 CEOs, 140 A320 NEOs, 52 A321 NEOs and 35 ATRs, with a net addition of 4 aircraft during the quarter.

The airline operates more than 1,500 daily flights connecting 71 domestic and 24 international destinations.

Complete News Source : Business Standard

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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