Indigo Ronojoy Dutta Chief Executive Officer on December 30 confirmed the shareholders of the airline which will appear stronger after facing almost two years of uncertainty due to the Pandemic Covid-19.

Speaking at the extraordinary general meeting (EGM) Aviation Interglobe, Dutta said that currently, flight bookings have taken hit given the outbreak of the omicron variant of Covid-19, the aviation industry in India still showed strong signs. Recovery and decreasing orders tend to be temporary.

Rugm was summoned by the promoter of Indigo Rakesh Gangwal and Rahul Bhatia to propose amendments to the Association (AOA) budget that will solve the problem between the two.

If the resolution is accepted, it will end the dispute between Bhatia and Gangwal owners, which collectively accommodates 74.44 percent of the equity equity capital and has been in a jar for more than two years now.

This resolution is expected to graduate smoothly, given that the two promoters have jointly called the meeting. After passing, it will allow both sides to sell or transfer shares to third parties, without giving mutual notifications.

Shareholders in the EMPSLB were asked to vote at the resolution and the results of the EGM voting that took place through video conferencing will be uploaded in two working days.