Fri. Jun 21st, 2024

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Sanjiv Kapoor, CEO-designate of Jet Airways, has quit the airline, sources said

New Delhi:

Sanjiv Kapoor, the CEO-designate of Jet Airways, has left the company just a year after joining the grounded carrier, people with direct knowledge of the matter said.

Mr Kapoor joined Jet Airways in April last year.

Today was his last day in the company, people familiar with the mater said.

The Jet Airways management committee in January asked Mr Kapoor not to use the title of CEO till the troubled airline’s ownership was completely transferred to a consortium of lenders.

He continued as CEO-designate till he quit the airline.

In October 2020, the airline’s committee of creditors approved a revival plan made by a consortium of Dubai-based Murari Lal Jalan and the UK’s Kalrock Capital.

The airline has not flown since April 2019 due to financial troubles.

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