homeaviation News

IndiGo appoints COO Wolfgang Prock Schauer as president

IndiGo appoints COO Wolfgang Prock-Schauer as president

IndiGo appoints COO Wolfgang Prock-Schauer as president
Profile image

By CNBC-TV18 May 28, 2019 10:59:46 AM IST (Updated)

Prock-Schauer will be responsible for operational aspects such as flight operations, maintenance and engineering, inflight services, airport operations and operations control centre.

InterGlobe Aviation, parent of IndiGo, on Monday appointed Wolfgang Prock-Schauer as the firm's president and chief operating officer for a period of five years, effective May 27.

Recommended Articles

View All

Prock-Schauer, who has been serving as COO of the company since January 2018, will be responsible for operational aspects such as flight operations, maintenance and engineering, inflight services, airport operations and operations control centre. 
Prock-Schauer was also a contender for the CEO role. He was promoted to be president of the company after Ronojoy Dutta was appointed CEO in January 2019.
With handling international professions for over 37 years, Prock-Schauer has worked in senior leadership positions with some of the major airlines across Europe and Asia, such as Austrian Airlines, Jet Airways, British Midland International, Air Berlin and Go Air. He has been associated with the airline industry for over 23 years.
The 62-year-old top executive is a graduate from the University of Economics, Vienna.
Along with the appointment of Prock-Schauer, the airline also reported its fourth-quarter results.  It posted a net profit of Rs 589.6 crore for the fourth quarter ended March 31, 2019 as against Rs 117.6 crore in the same period FY18.
IndiGo said its total debt as of March 31, 2019 stood at Rs 2,429.2 crore while it had cash and cash balances of Rs 15,308.1 crore.
The airline currently has a fleet of 217 aircraft, up 9 aircraft in the given quarter.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng