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Story summary
- Willie Walsh, former head of International Air Transport Association (IATA), becomes IndiGo's chief executive, effective by August 3.
- Walsh replaces Pieter Elbers, who resigned after regulatory scrutiny over flight disruptions.
- IndiGo's shares have fallen about 22% this year due to operational challenges from Middle East conflict.
- Co-founder Rahul Bhatia is temporarily managing the airline.
- IndiGo holds a 65% share of India's aviation market and faces higher costs from longer routes.
