InterGlobe Aviation owns and manages IndiGo Airlines, which has around a 47 per cent share in the domestic passenger market. CEO Ronojoy Dutta’s assurances could not prevent the shares of IndiGo from going into a free fall. InterGlobe Aviation owns and manages IndiGo Airlines, which has around a 47 per cent share in the domestic market. On a query from The Telegraph, IndiGo said the company would not make any statement on the subject. Gangwal owns around 37 per cent of InterGlobe Aviation, while Bhatia holds around 38 per cent in the company.

Source: The Telegraph May 16, 2019 19:30 UTC