{"id":281490,"date":"2019-07-11T04:46:59","date_gmt":"2019-07-11T04:46:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281490"},"modified":"2019-07-11T04:59:43","modified_gmt":"2019-07-11T04:59:43","slug":"with-founders-quarreling-in-board-room-indigo-cant-fly-high-in-the-sky","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/with-founders-quarreling-in-board-room-indigo-cant-fly-high-in-the-sky\/","title":{"rendered":"With founders quarreling in board room, IndiGo can&#8217;t fly high in the sky"},"content":{"rendered":"<p>The co-founders of India\u2019s No 1 airline are engaged in a bitter feud. Their quarrel couldn\u2019t have come at a worse time for minority shareholders of InterGlobe Aviation Ltd, the company that owns IndiGo. <\/p>\n<p>Investors were just starting to enjoy the fruits of a frenetic expansion that saw the no-frills carrier, Asia\u2019s largest, double its capacity in the three years through March. Full-cost rival Jet Airways India Ltd tried to keep up, until it was forced to ground its last plane in April under a truckload of debt. Meanwhile, InterGlobe has put together a cash war chest \u2014 net of debt \u2014 of nearly $2 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The co-founders of India\u2019s No 1 airline are engaged in a bitter feud. Their quarrel couldn\u2019t have come at a worse time for minority shareholders of InterGlobe Aviation Ltd, the company that owns IndiGo. Investors were just starting to enjoy the fruits of a frenetic expansion that saw the no-frills carrier, Asia\u2019s largest, double its capacity in the three years through March. Full-cost rival Jet Airways India Ltd tried to keep up, until it was forced to ground its last plane in April under a truckload of debt. Meanwhile, InterGlobe has put together a cash war chest \u2014 net of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-281490","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281490"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281490\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}