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1-min read

Growth Strategy Remains Unchanged, IndiGo CEO Tells Staff Amid Reports of Tiff Between Promoters

CEO of InterGlobe Aviation Ronojoy Dutta sent the letter after various media reports alleged disagreements between the airline's two promoters — Rahul Bhatia and Rakesh Gangwal.

PTI

Updated:May 17, 2019, 8:35 AM IST
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Growth Strategy Remains Unchanged, IndiGo CEO Tells Staff Amid Reports of Tiff Between Promoters
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New Delhi: The growth strategy of IndiGo remains unchanged and the airline's management has full backing of the company's board of directors to implement it, said Ronojoy Dutta, CEO, InterGlobe Aviation, in an email to his employees on Thursday.

The email was sent to employees by the CEO as there were various media reports on Thursday morning regarding alleged disagreements between the airline's two promoters — Rahul Bhatia and Rakesh Gangwal.

InterGlobe Aviation owns and manages IndiGo airline, which has around 44 per cent share in domestic passenger market.

"I want to assure you that the growth strategy of the airline remains unchanged and firmly in place, and the management is fully charged by the Board to implement it," Dutta said in the email.

"I am sure you are all aware of the press reports regarding alleged disagreements between our two promoters Mr Rahul Bhatia and Mr Rakesh Gangwal," he added.


(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
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