{"id":282117,"date":"2019-07-15T05:38:06","date_gmt":"2019-07-15T05:38:06","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282117"},"modified":"2019-07-15T05:38:06","modified_gmt":"2019-07-15T05:38:06","slug":"indigo-board-to-question-gangwal-on-talks-with-pratt-whitney","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-board-to-question-gangwal-on-talks-with-pratt-whitney\/","title":{"rendered":"IndiGo board to question Gangwal on talks with Pratt &amp; Whitney"},"content":{"rendered":"<p>MUMBAI: Some IndiGo board members are set to question cofounder Rakesh Gangwal next week on the nature of what one of them characterised as \u201cexclusive parleys\u201d with engine maker Pratt &amp; Whitney (PW) ahead of the airline\u2019s latest engine order. <\/p>\n<p>PW has historically been the engine supplier to all of IndiGo\u2019s Airbus planes. But the latest $20 billion order was given to rival CFM, a joint venture between GE and France\u2019s Safran, after a competitive bidding process. <\/p>\n<p>\u201cThe board is examining whether Gangwal complied with his fiduciary duties, as director, to keep it informed of developments related to aircraft, spares and OEM (original equipment manufacturer) purchases,\u201d said one of the persons aware of the matter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Some IndiGo board members are set to question cofounder Rakesh Gangwal next week on the nature of what one of them characterised as \u201cexclusive parleys\u201d with engine maker Pratt &amp; Whitney (PW) ahead of the airline\u2019s latest engine order. PW has historically been the engine supplier to all of IndiGo\u2019s Airbus planes. But the latest $20 billion order was given to rival CFM, a joint venture between GE and France\u2019s Safran, after a competitive bidding process. \u201cThe board is examining whether Gangwal complied with his fiduciary duties, as director, to keep it informed of developments related to aircraft, spares [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-282117","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282117","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282117"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282117\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}