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
Jet Airways adds more Gulf routes
Indian carrier to launch new flights to UAE and Saudi Arabia Jet Airways will expand its Gulf operations in August with the launch of new flights to Saudi Arabia and
IndiGo to start daily flights from Gorakhpur to Delhi
IndiGo’s Gorakphur-Delhi and Delhi-Gorakhpur daily flights will begin from 1 September with fares beginning from Rs. 3,199. IndiGo will start daily non-stop flights from Gorakhpur to New Delhi from September. Incidentally, Gorakhpur
Cygnett Hotels and Resorts recognised as the ‘Fastest Growing Hotel Chain’
Prahlad Singh Patel, Union Minister of State for Tourism & Culture, gave an award to Cygnett Hotels and Resorts for being the ‘Fastest Growing Hotel Chain’. Cygnett Hotels and Resorts has
