Jeh Wadia steps down as GoAir MD, Ben Baldanza made vice chairman

Jeh Wadia will continue to be part of the airline's board, said the company that is planning an initial public offering (IPO)

Wadia group scion Jeh Wadia stepped down as managing director of GoAir, the firm announced on Monday.
 
The airline appointed Ben Baldanza, former CEO of Spirit Airlines, its vice-chairman.
 
Wadia will, however, continue on the airline’s board.
 
GoAir is planning an initial public offering (IPO) and said the steps are part of its efforts to strengthen the management of the company by bringing on board proven industry professionals, a strategy that has worked well for the Wadia group in its other ventures, including Britannia.
 
The airline, which according to media reports intends to raise around Rs