NEW DELHI: Differences have cropped up between the two promoters and co-founders of India’s most successful and profitable airline IndiGo, sources said on Wednesday, adding to the string of negative news emerging from the aviation sector. The two, Rahul Bhatia and Rakesh Gangwal, have hired legal firms for dispute resolution, sources said.
While IndiGo did not offer comments for this story till the time of going to press, it is learnt that the differences between the two stalwarts of Indian aviation are over Bhatia possibly feeling that Gangwal was trying to gain greater control of the airline by bringing his own team as the low-cost carrier (LCC) plans to expand its footprints in the international markets.
Bhatia and Gangwal have hired JSA Law and Khaitan & Co, respectively. The news of the differences between the two comes against the backdrop of the turmoil in Jet Airways, which has temporarily shut operations and hurt flyers in one of the fastest growing aviation markets in the world.
