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Who has recently become the new CFO of the major Indian airline company IndiGo?
Naveen Joshi
Shubham Soni
Gajanand Modvik
Kiran Thadimarry
Kiran Thadimarry
Kiran Thadimarri has been appointed as the new Chief Financial Officer (CFO) of InterGlobe Aviation (IndiGo), effective July 28, 2026.
The appointment of Kiran Thadimarri comes as part of a strategic leadership reshuffle at IndiGo, aimed at navigating the airline through a period of intense fuel price volatility and currency depreciation. He replaces Gaurav Negi, who is transitioning into an advisory role within the company. Thadimarri brings over two decades of financial leadership experience, including previous stints at Udaan and GE Healthcare, to manage the airline's capital efficiency and cost optimization. This leadership change follows a challenging financial quarter where the airline reported a consolidated net loss of 238 crore rupees, primarily driven by surging aircraft fuel costs.
Appointment Date: July 28, 2026
Previous Role: Deputy CFO at IndiGo
Predecessor: Gaurav Negi (now transitioning to adviser role)
Q1 FY27 Financial Status: Reported a consolidated net loss of 238 crore rupees
D is correct тАФ Kiran Thadimarri assumed the role of CFO at IndiGo effective July 28, 2026, succeeding Gaurav Negi.
Relate this to the aviation sector's sensitivity to global crude oil prices; aviation fuel accounts for a massive portion of operating costs, often impacting the quarterly results of major Indian carriers like IndiGo.