Have Indigo promoters Bhatia and Gangwal smoked the peace pipe already?

Has a rapprochement between Rahul Bhatia and Rakesh Gangwal, the two co-promoters of IndiGo airline, been reached or is it even possible?

While Gangwal kept away from IndiGo’s 16th Annual General Meeting held here today, Bhatia responding to queries from investors saying Gangwal had recently made a statement (where) he has talked about mending fences. “I think his actions will speak louder than his website over time,” Bhatia said.

Bhatia did not clarify which of Gangwal’s statement he was referring to which made him feel that Gangwal was mending fences. On August 23, Gangwal had issued a statement that he was willing to support the changes to the company’s Articles of Association.