Saturday, December 17, 2011

Has Kingfisher Airlines CEO Sanjay Aggarwal quit?

New Delhi/Mumbai/Bangalore: The Chief Executive Officer, Kingfisher Airlines, Mr Sanjay Aggarwal, is believed to have put in his papers. A final decision on Mr Aggarwal will only be known after the airline board approves the move. He joined Kingfisher in September last year.
Meanwhile, banking circles, involved with the restructuring of airline debt, told Business Line a “big announcement” is expected on Saturday. Sources indicated that rumours about Mr Aggarwal leaving Kingfisher Airlines have been around for some time now.
In the recent past, airline staff have had meeting with a Senior Vice-President, Mr Hitesh Patel, to air their grievances and seek answers to when their dues would be cleared.
16/12/11 Business Line
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