Tag Archives: Wilbur Ross

Kalanithi Maran’s takeover will make SpiceJet a game changer in Indian aviation

After six months of discussions, it is finally official. Media baron and political heavyweight, Kalanithi Maran will acquire a majority stake in low fare carrier SpiceJet.Mr. Maran in his individual capacity and via his aviation company KAL Airways jointly owned with wife Kaveri, will initially acquire the 37.73% stake of the Kansagara family promoted Royal Holding Services Ltd., Wilbur Ross …

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Wilbur Ross appointed as Director on SpiceJet board, SpiceJet 3Q results

SpiceJet on Monday said Mr Wilbur Ross has been appointed director on the board of the company, along with Mr Ranjeet Nabha, of the private equity firm led by the billionaire investor. 鈥淢r Wilbur Ross and Mr Ranjeet Nabha of WL Ross & Co LLC have been appointed as directors on the board of the company with effect from January …

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Sanjay Aggarwal is new CEO of SpiceJet

SpiceJet today announced the appointment of Sanjay Aggarwal, as Chief Executive Officer (CEO) with immediate effect. Aggarwal takes over the position from Siddhanth Sharma. Prior to his current responsibilities in SpiceJet Aggarwal held the position of Chief Operating Officer and Chief Strategy Officer for Flight Options. Previously Aggarwal had worked as senior director of Marriott International and had also been …

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