Jet Airways' CEO-designate Sanjiv Kapoor quits a year after joining
New Delhi/IBNS: Jet Airways CEO-designate Sanjiv Kapoor quit the company Friday just a year after joining the grounded carrier.
Kapoor joined Jet Airways in April last year.
The consortium that is working to revive the airline said in a statement that it will oversee the responsibilities of the CEO-designate until a suitable replacement is found.
The Jet Airways management committee in January asked Kapoor not to use the title of CEO till the airline's ownership was completely transferred to a consortium of lenders.
He continued as CEO-designate till he quit the airline.
Monday will be his last working day, Jalan Kalrock Consortium (JKC) said in the statement released Friday.
In October 2020, the airline's committee of creditors approved a revival plan made by a consortium of Dubai-based Murari Lal Jalan and Britain's Kalrock Capital, now called JKC.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
India, New Zealand hold 4th round of FTA talks focused on trade, services, investment
Indian Minister Piyush Goyal on Friday said the fourth round of India-New Zealand FTA negotiations was focused on goods market access, services, economic and technical cooperation, and investment opportunities.
'Shift them to shelters': Supreme Court orders removal of stray dogs from public premises
New Delhi/IBNS: The Supreme Court on Friday directed all States and Union Territories to ensure the removal of stray dogs from the premises of educational institutions, hospitals, public sports complexes, bus depots, and railway stations, ruling that such animals should not be released back into these areas after sterilisation.
Modi vs Congress erupts over 'Vande Mataram': PM says party removed crucial stanzas; Kharge hits back
New Delhi/IBNS: Prime Minister Narendra Modi on Friday traded charges against the Congress alleging the grand old party tore apart the original Vande Mataram by removing important stanzas while adopting it during the party's 1931 Faridabad session.
Massive chaos at Delhi airport! All flights delayed after major technical glitch throws operations into disarray
New Delhi/IBNS: Over a hundred flights were delayed at the Delhi airport on Friday morning due to a technical issue in the Air Traffic Control (ATC) system leading up to a widespread chaos, media reports said.
Latest News
India, New Zealand hold 4th round of FTA talks focused on trade, services, investment
Governor visits Khowai border areas, express resentment for unprotection
Losing hair fast? The hidden reasons no one told you about
Outrage in universities as Bangladesh govt scraps music, PE teachers amid Islamist pressure