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
Etihad Airways welcomes First A380 flights to New York
Etihad Airways has welcomed the highly-anticipated arrival of its Airbus A380 service at New York’s John F. Kennedy International Airport. The arrival marked the US debut of the airline’s exclusive
RezLive.com exhibits at WTM, London
RezLive.com (A Product of Travel Designer Group) was delighted to exhibit again at WTM London with key people from the team. The response that they received this year from the
Railways to show green signal to a train in Andaman and Nicobar
240-km track from Port Blair to Diglipur will benefit tourists, defence forces. A 240-KM broad-gauge railway line connecting two major islands, with bridges and stations along the coast, will be
