New Delhi: Billionaire founders of IndiGo, Asia’s biggest budget airline by market value, are debating “one issue," the company’s chief executive officer said, days after local media reported the owners have fallen apart. “There is one issue that they are debating right now and we hope to resolve that in the very near future." The founders of IndiGo -- Rakesh Gangwal, a former CEO of U.S. Airways, and Rahul Bhatia, a former airline ticketing agent -- have sparred over control of the company, local media reported this month. While there are differences of opinion on certain matters between the two founders, the company has a track record of resolving issues, CEO Dutta said earlier. Founded in 2005, IndiGo has quickly outpaced its rivals to grab almost half of the local market, making both founders billionaires.

Source: Mint May 28, 2019 03:56 UTC