Wednesday, November 15, 2017

Amit Agarwal named as Jet Airways deputy CEO in management rejig

Mumbai: Jet Airways chief financial officer Amit Agarwal has been named as the deputy chief executive officer of the airline in a management rejig that also sees the return of its former chief commercial officer and change in roles for senior executives.

The rejig is the first after Delta executive Vinay Dube took charge as the chief executive officer of the airline in August and is being seen as his way of streamlining and strengthening the management. Sources indicate that there could be more such changes in the coming months.

Jet Airways did not immediately offer comments.

Agarwal joined Jet as its chief financial officer in 2015 and was also its acting CEO before Dube took over in August. Agarwal will continue to hold the CFO post in addition to the new role, the airline informed the stock exchange on Wednesday.

Raj Sivakumar has returned to the airline as its senior vice president (network planning and revenue management). Sivakumar was the chief commercial officer before leaving the airline in 2015.

Marnix Fruitema, Air France-KLM’s senior vice-president in charge of North America, has been named as executive vice president of global sales in Jet, in an indication of growing partnership between the airlines.

The two airlines are set to enter into a commercial joint venture on routes between India and Europe. “Marnix will also help us leverage the sales and distribution strength of our alliance partners to drive a higher quality of sales in their international home markets,” Dube wrote in an office e-mail announcing the changes.

The roles of key executives have been changed.  Chief commercial officer Jairaj Shanmugam will handle a smaller portfolio after being re-designated as executive vice-president of products and services at the firm. Sources say Shanmugam will now look after airports, in-flight services and products, while sales and revenue management will come under Sivakumar and Fruitema.
15/11/17 Business Standard

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