Rakesh Gangwal's leadership begins a new chapter at Southwest Airlines, focusing on improving financial performance and operational efficiency for future growth and success.

Rakesh Gangwal, an entrepreneur and co-founder of InterGlobe Aviation Limited (NSE: INDIGO),  has become the independent Chair of the Board of Directors at Southwest Airlines, a well-known low-cost airline in the United States. Gangwal joined the board in July 2023 and recently invested about $108 million in Southwest shares.

As Chair, Gangwal will work closely with Southwest's CEO, Bob Jordan, to boost the airline's financial performance and operational efficiency. This leadership transition marks a new chapter for Southwest, as the company aims to navigate current industry challenges while building upon its long-standing legacy as a leading carrier in the low-cost market.

Rakesh Gangwal's Leadership

Born and raised in India, Gangwal earned a Bachelor's in Mechanical Engineering from the prestigious Indian Institute of Technology (IIT) Kanpur in 1975. Later, he pursued an MBA at the Wharton School of the University of Pennsylvania, which equipped him with the business acumen needed to excel in the aviation sector.

Gangwal started his journey at United Airlines in 1984, leading to senior leadership roles across various airlines and aviation-related companies. He has held several prominent positions throughout his career, including President, CEO and Chief Operating Officer of US Airways Group. He also served as Chairman, President and CEO of Worldspan Technologies.

Gangwal co-founded IndiGo in 2006, significantly enhancing the Indian aviation industry through low fares, operational reliability and a strong commitment to efficiency. Under his leadership, the company quickly became the largest airline in India, known for its high customer satisfaction. The airline's success stemmed from a robust operational framework prioritizing punctuality and streamlined service. Gangwal's strategic vision transformed IndiGo into a model of operational excellence in the low-cost airline sector, earning recognition in India and globally.

Beyond his corporate achievements, Gangwal is deeply committed to philanthropy. In April 2022, he donated Rs 100 crore (about $12 million) to IIT Kanpur to establish a School of Medical Sciences and Technology.

As Chair of Southwest Airlines, Gangwal brings a wealth of experience and strategic insight. His aviation expertise, business leadership and financial commitment position him as a valuable asset in guiding Southwest Airlines toward a successful future while maintaining its tradition of operational excellence and customer satisfaction.