SME Times News Bureau | 16 May, 2019
A day after reports of a rift between IndiGo promoters surfaced, the
airline's Chief Executive Officer (CEO) Rono Dutta played down the issue
and said that the growth plan remains intact for the carrier.
a letter to the employees on Thursday, Dutta said: "I want to assure
you that the growth strategy of the airline remains unchanged and firmly
in place, and the management is fully charged by the Board to implement
"We will continue our focus on creating value for all our
shareholders, our customers, our employees and the communities we
serve," the CEO said while thanking the employees for their dedication.
also advised the employees to direct media queries on any issue to the
concerned department to ensure that appropriate response is given.
Dutta is considered close to the airline co-founder Rakesh Gangwal and was hand-picked to steer IndiGo's expansion plan.
Differences between co-founders Rahul Bhatia and Gangwal first surfaced last year over managerial control of the firm.
After the rift surfaced on Tuesday, an IndiGo spokesperson told IANS that the company does not comment on market speculation.
report comes close on the heels of sharp differences between Jet
Airways promoter Naresh Goyal and minority partner Etihad. The sour
relations eventually resulted in a severe crisis and grounding of the