Rakesh Gangwal joins Southwest Airlines board

Southwest Airlines addresses investor criticism by appointing veteran airline executive Rakesh Gangwal to its board, known for co-founding and growing IndiGo. Gangwal brings extensive experience from leading US Airways and United Airlines, as well as Worldspan Technologies. He aims to enhance Southwest's culture and profitability, following previous conflicts at IndiGo. This move comes amidst concerns over Southwest's financial performance and insular practices noted by investors.