Some years ago Gangwal had reportedly said his relationship with Bhatia evolved in an amazing friendship, which he termed "blind trust"
The two sides led by Rahul Bhatia and Rakesh Gangwal are discussing possible changes in shareholders' agreement
Analysts say while day-to-day operations won't get impacted, strategic decisions related to the pace of domestic and international expansion could get delayed
The deals struck for A320 Neo aircraft are among the issues red-flagged by the minority shareholders
The statement came after media reports regarding alleged disagreements between the airline's two promoters - Rahul Bhatia and Rakesh Gangwal
The report quoted sources as saying that the two partners have approached different law firms
Indigo will launch these six new flights to and from Kolkata effective from July 20.
Success could upend a long-haul market between Asia and Europe that's long been the preserve of full-service carriers from Singapore Airlines to Emirates Airline
Operated by InterGlobe Aviation Ltd, IndiGo is one of the few Indian carriers with enough cash to aggressively expand
Aviation regulator DGCA has issued a show-cause notice to budget carrier IndiGo's chief operating officer and engineering head over the Pratt & Whitney engines issues, sources close to the development said. The Directorate General of Civil Aviation (DGCA) is also conducting a special safety audit of the airline's operations and engineering, they said. Indian carriers IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 neo planes, have been facing problems with these engines, manufactured by the US firm, since their induction in the fleet three years ago. "The DGCA issued show-cause notice last week to IndiGo's chief operating officer Wolfgang Prock-Schauer and engineering head S C Gupta over the Pratt & Whitney engines issues," a source said. "The aviation regulator is also conducting a special safety audit of the airline after coming across issues in its operations and engineering," he said. Queries sent to Prock-Schauer and IndiGo spokesperson remained ...
Swiatek is the second senior executive after Cindi Szadokiersky, who was working as vice-president (airports), to have deboarded the airline in the last four months
The Indigo flights on the Chennai-Raipur route will begin from April 7
Crisis-hit Jet Airways has not paid salaries to its pilots, engineers and other senior management for more than three months now
Under the sale, tickets for routes such as Delhi-Ahmedabad, Delhi-Kolkata and Delhi-Mumbai are available at Rs 2,199, Rs 2,899 and Rs 2,399, respectively
Southeast Asia and India are likely to face the brunt of the shortfall, with the most impact felt by four carriers -- AirAsia, IndiGo, Lion Air and VietJet
Changes in management, poor pilot planning and growing faster than expected are making the market leader's ride bumpy
Since February 9-10, the airline has cancelled over 300 flights
IndiGo has said the situation is well in control and that it will not slow down capacity addition
The Gurugram-based budget carrier operates over 1,300 flights per day with a fleet of 210 planes.
The budget carrier cancelled 49 flights on Wednesday and the same has been informed to aviation regulator DGCA