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Jet Airways CEO-designate Sanjiv Kapoor quits

Sanjiv Kapoor joined the airline as the Chief Executive Officer in April of last year. Jet Airways shuttered operations in April 2019 and later went into insolvency proceedings.

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Sanjiv Kapoor had joined the airline as the Chief Executive Officer in April of last year.

By Press Trust of IndiaJet Airways CEO-Designate Sanjiv Kapoor has quit the grounded airline, according to a source.

He joined the airline as the Chief Executive Officer in April of last year.

The source said that Friday was the last working day for Kapoor at the airline.

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There was no immediate comment from Kapoor.

Jet Airways shuttered operations in April 2019 and later went into insolvency proceedings.

Jalan Kalrock consortium had emerged as the winning bidder for the once-storied carrier under the insolvency resolution process. However, with continuing differences with the lenders, the transfer of ownership of the airline to the consortium.