Jet Airways announces the resignation of its CEO Cramer Ball
Jet Airways announces the resignation of its CEO Cramer Ball, effective 29 February 2016 to pursue a new opportunity, in Europe for family reasons. Gaurang Shetty, Whole-time Director, will become the acting CEO of the Company.
Mr. Shetty, who has over 35 years of industry experience and has been with the Company for over 19 years, will now lead the operating committee in managing the day-to-day operations of the Company, under the supervision and control of the Board of Directors, chaired by Naresh Goyal.
Mr. Goyal said: “Cramer has, during his tenure, made a significant contribution in the journey to turnaround Jet Airways. The Company recorded two consecutive profitable quarters after a gap of eight years. Our best wishes are with Cramer and his family in his future endeavours.”
Mr. Ball said: “I am honoured to have been able to play a part in the turnaround of Jet Airways, as it moves towards long-term sustainable profitability. The people at Jet Airways have worked as a team to get this business into shape and I am pleased with the progress that has been made.”
You might also like
Moscow & Saint Petersburg are the top travel choices for Indian Football fans: Booking.com
As Russia takes the centre stage as host to one of the most exciting global sporting events, Booking.com, the global leader in connecting travelers with the widest choice of incredible
Double-digit growth for Indian visitor arrivals
Country sees 12% jump in visitor arrivals in March, and 10% rise in Q1 India’s tourism industry continued to thrive in the opening months of the year, with double-digit growth
Indian IT sector warns against US visa bill
India’s IT lobby warned on Tuesday that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a
