Why IndiGo’s Founder Is Leaving a Profitable Airline?

55 лет назад

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Why IndiGo’s Founder Is Leaving a Profitable Airline?

Rakesh Gangwal, the co-founder of IndiGo Airlines, is gradually selling off his stake in India’s largest and most profitable airline. Despite IndiGo’s continued success — hitting record profits, dominating over 60% of the domestic market, and expanding internationally — Gangwal is stepping away. His exit is not due to business troubles but is believed to be connected to a long-standing fallout with co-founder Rahul Bhatia, which led to loss of influence and control. IndiGo remains a strong player in Indian aviation with a young, efficient fleet, high passenger traffic, and healthy finances. Gangwal’s decision to sell raises important questions about founder influence, corporate control, and the future direction of IndiGo. While financially successful, this move sparks debate about legacy and leadership. For anyone following the Indian aviation sector or investment in IndiGo, understanding this key stake sale is crucial.

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