Indianapolis: ATA Holdings Corp., the parent company of low-cost air carrier ATA Airlines Inc., has named airline industry veteran Subodh Karnik its new president and chief executive officer.
Karnik, 47, succeeded John G. Denison, who stepped down December 31 after two years on the job.
Karnik was born in Mumbai and attended the Birla Institute of Technology and Science, where he graduated in 1981 with a bachelor's degree in mechanical engineering.
He went to work for Unilever India, the Kolkata-based subsidiary of the European consumer-products conglomerate Unilever PLC, where he worked as the division's manager of internal consulting from 1982 through 1988.
Upon leaving Unilever India (now known as Hindustan Lever Ltd.), Karnik took a management position with the international accounting firm Ernst & Young LLP. He remained there until 1991, when he took a job with Northwest Airlines in Minneapolis. Over the next five years, Karnik served as the airline's director of marketing alliances, director of international sales and marketing, manager of revenue management for the Atlantic region, and project manager for strategy. In 2004 he went on to work for Delta Air Lines in Atlanta and co-founded Ocean Air, a New York-based startup carrier modeled after jetBlue Airways Corp. and Southwest Airlines.
01/02/07 Chris Nelson/IndUS Business Journal, US
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Thursday, February 01, 2007
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Karnik ascends with ATA, appointed president, CEO
Thursday, February 01, 2007
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