InterGlobe appoints Bruce Ashby as the Chief Executive Officer for IndiGo

Company Release, July 16

New Delhi

InterGlobe, that recently announced an order for 100 aircraft, the largest

in the Indian aviation history, has named Bruce Ashby as the CEO for its new

low cost carrier, IndiGo.

Stanford educated Ashby, 44, is currently Executive Vice President -

Marketing & Planning for US Airways in Arlington, Virginia. He will be

joining IndiGo in August. With 20 years of airline experience in a variety

of senior management positions at US Airways, Delta Air Lines and United

Airlines, Ashby is one of the leading minds in the aviation business today.

Mr. Rahul Bhatia, Managing Director, InterGlobe Enterprises Limited said,

"We are delighted to have one of the brightest individuals in the airline

industry on board as the captain of IndiGo. IndiGo's low cost airline model

is based on new market stimulation as much as operational efficiencies.

Bruce's rich experience in the airline business and his planning skills, are

critical to the success of IndiGo and securing the position of being the

best - in - class airline on all measurable parameters. "

"IndiGo has a strong business plan to operate in one of the fastest-growing

aviation markets in the world," said Ashby. "This is a once-in-a-lifetime

opportunity to come in at the ground level as the CEO to guide the airline

initiative from one of the most professional aviation groups, InterGlobe."

IndiGo has committed for 100 firm A320 family of aircraft to Airbus, making

it the largest ever order in Indian aviation history. Jointly promoted by

InterGlobe Enterprises Limited and Mr. Rakesh Gangwal, IndiGo will be one of

the most capitalized start-up airlines globally ever with an initial funding

of INR 350 - 400 crores. IndiGo will take to the skies in the next six to

nine months.

For further details contact:

Genesis Public Relations

Ms. Neha Mathur

Ph: 0124- 504 4999/ 98994 69690

Fax: 0124- 504 4744