GoAir managing director Jeh Wadia steps down; Ben Baldanz takes over as vice chairman

Wadia group-owned no-frills airline GoAir on Monday said that its managing director Jeh Wadia has stepped down from the position. The airline, however, said that Wadia will continue as a promoter.

The airline also announced the appointment of aviation industry veteran Ben Baldanz as the vice chairman at a time when the company is reportedly looking to raise capital from public investors.