Kumar, who has been associated with the no-frills carrier for the last 12 years, has put in his papers to pursue other career interests, IndiGo said in a release.
His resignation would be effective from July 15. Boulter, currently the airline’s Chief Strategy Officer, would be taking over from him.
“The last 12 years at IndiGo has been the most satisfying and rewarding experience of my career,” Kumar said.
IndiGo’s Interim CEO Rahul Bhatia said Kumar’s contribution has been very significant “in getting us to the level we are today”.
“I am grateful for all his hard work since he joined in January 2007 and wish him all the best in his future endeavours,” he added.
In April, the carrier had announced the stepping down of Aditya Ghosh as its President and Whole Time Director.
The airline, which has a fleet of over 160 aircraft, on an average operates more than 1,000 flights every day.
Shares of IndiGo’s parent InterGlobe Aviation declined nearly two per cent to Rs 1,164.55 in afternoon trade on the BSE.
Meanwhile, domestic flyers would have to shell extra money for IndiGo, SpiceJet and GoAir flights in case they are carrying excess baggage with them. A week after private carrier Jet Airways released a new baggage policy, low-cost carrier Interglobe Aviation (IndiGo) increased excess baggage charges domestically. The hike is known to be over 33% for passengers carrying more than 15 kg check-in-baggage on domestic flights with immediate effect. The IndiGo charges are levied on prepaid excess baggage in the range of 5 kg, 10 kg, 15 kg and 30 kg.
Now following the suit, SpiceJet and GoAir too has increased the excess baggage fares. At present, Air India is the only airline on which domestic economy flyers can take up to 25 kg of check-in baggage free of charge.
Low cost carriers (LCC) IndiGo, SpiceJet and GoAir are now charging Rs 400 per kg for each kilo beyond the allowed 15 kg from domestic passengers at airports who have not pre-booked excess baggage. For IndiGo, a customer’s luggage, if it goes excess by up to 5 kg, 10 kg, 15 kg and 30 kg, will now require a payment of Rs 1,900, Rs 3,800, Rs 5,700 and Rs 11,400. Earlier in the month of August last year, charges were hiked to Rs 1425, Rs 2850, Rs 4,275 and Rs 8550 for prepaid excess luggage of 5, 10, 15 and 30 kg.
The new rules of IndiGo also say, “If customers who are booked on Lite Fare report at the airport with baggage to be checked-in, then they will have to pay Rs 200 to avail 15 kg baggage allowance. Those who haven’t pre-booked their baggage will now have to spend Rs 400/kg if the weight exceeds the 15 kg mark”.