IndiGo's minority shareholders approach board over A320 Neo deal, says report
Updated : May 17, 2019 10:11 AM IST
At the centre of the issue is the concerns regarding deals struck by the carrier for A320 Neo aircraft.
The carrier had signed an order for 180 A320 Neos back in 2011 followed by 250 more orders in 2015.
The development comes at a time when a rift has surfaced between the company’s promoters Rahul Bhatia and Rakesh Gangwal over strategy issues.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more