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
Oman Tourism launches new website
The Ministry of Tourism Oman has launched a new promotional website “www.experienceoman.om” that will serve as a one-stop-shop for all Oman Tourism related information. The website was launched under the
Festival gift to people of Sindhudurg: Suresh Prabhu
A familiarization flight from Mumbai to Sindhudurg landed today at Parule Chipi Greenfield airport in Sindhudurg district of the Konkan region of Maharashtra. With this successful test flight access to
Vistara announces 5-day Valentine’s Day sale; get tickets at just Rs 899
Vistara airlines has announced a special five-day Valentine’s Day Sale, offering tickets as low as Rs 899. The all-inclusive fare is applicable on Economy Class for one way travel. The
