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
Tourism Authority of Thailand conducts luxury virtual connect in India
Tourism Authority of Thailand (TAT) conducted India Luxury Virtual Connect (ILVC), India’s first-ever virtual roadshow, which was designed exclusively for leading travel partners across key metro cities in India to
Sarovar to open a hotel in Somaliland, Africa
Sarovar Hotels and Resorts unveiled its plan to open a hotel in Hargeisa, the capital city of Somaliland. Somaliland is a growing economy in East Africa. As a destination, it
How Hotels, Private clubs can retain their brand recall among customers in times of COVID-19
By Rajesh Shetty The impact of the current COVID 19 pandemic on multiple industries is being noticed across the world. In the time of social distancing and home quarantine, travel and
