New Delhi: Low fare carrier SpiceJet will shortly appoint its current chief operating officer Sanjiv Kapoor as its chief executive, two persons with direct knowledge said on Wednesday.
Kapoor is responsible for making aggressive changes to the airline's operations, fronting fare wars and overhauling the top management.
Under Kapoor's leadership, SpiceJet slashed prices by 50% in January forcing other airlines to follow and more recently announced Rs 1 base fares across sectors, a move which an angry aviation regulator called the promotion of "predatory" pricing.
SpiceJet on Tuesday took the lead in merging its base fare and fuel surcharge in ticket prices. ET had reported the imminent elevation, when Kapoor had joined the airline on October 31.
17/04/14 Debabrata Das/Economic Times
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Kapoor is responsible for making aggressive changes to the airline's operations, fronting fare wars and overhauling the top management.
Under Kapoor's leadership, SpiceJet slashed prices by 50% in January forcing other airlines to follow and more recently announced Rs 1 base fares across sectors, a move which an angry aviation regulator called the promotion of "predatory" pricing.
SpiceJet on Tuesday took the lead in merging its base fare and fuel surcharge in ticket prices. ET had reported the imminent elevation, when Kapoor had joined the airline on October 31.
17/04/14 Debabrata Das/Economic Times
