Mumbai, April 7 Three Indian airlines, which account for over 90 per cent of domestic air travel, are undergoing a period of transition following the departures of their CEOs.
With Air India officially announcing the planned departure of Chief Executive Officer and Managing Director Campbell Wilson on Tuesday, he joins a list of two other airline leaders who have already left their positions.
Aloke Singh, Managing Director of Air India Express, the low-cost arm of Air India, left the airline after completing his five-year tenure on March 19, while IndiGo announced the sudden departure of Dutch national Pieter Elbers on March 10.
IndiGo has appointed former British Airways CEO William Walsh as the new CEO, subject to regulatory approvals.
Meanwhile, the Air India Board has formed a committee to find a successor for Wilson in the coming months, and he will continue in his dual roles until a replacement is found.
Air India Express has also not yet announced a successor for Singh, who is now with IndiGo as its Chief Strategy Officer.
In the rapidly growing Indian domestic aviation market, where the possibility of a duopoly is a reality, the strategies of Air India Group and IndiGo are crucial, both in terms of consumer preferences and future growth.