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 the domestic passenger market. "I am sure you are all aware of the press reports regarding alleged disagreements between our two promoters Rahul Bhatia and Rakesh Gangwal," he added. The CEO said the company would continue its focus on creating value for all shareholders, customers, employees and the communities it serves. As per the media reports, serious differences have cropped up among the two chief promoters over strategies and ambitions for the airline.

Source: Mint May 16, 2019 08:54 UTC