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
Apeejay Surrendra Park Hotels brings its social catalyst brand ‘Zone by The Park’ to Jodhpur
Second property in Rajasthan with upcoming hotels in Pondicherry, Igatpuri & Goa The Park Hotels, pioneers of luxury boutique hotels in India, enters Jodhpur with the launch of its second hotel
Regent Seven Seas Cruises announces inaugural 2020 summer itineraries for Seven Seas Splendor
Booking begins today for 15 journeys of perfection across Europe Seven Seas Splendor, the highly anticipated, ultra-luxurious ship joining Regent Seven Seas Cruises’ fleet in February 2020, will voyage across
Indian aviation market has vast growth potential: Indigo President
Indian aviation market has vast growth potential and can achieve the target of flying 500 million passengers annually within the next decade, Indigo airlines president Aditya Ghosh said here. Ghosh
