Monday, August 06, 2018

Shah Rukh Khan was a director in Jet Airways board but didn't attend a single meeting

New Delhi: At present, full-service carrier Jet Airways is leaving no stone unturned to refurbish its image in the country. The private carrier, part owned by Etihad Airways, has dropped proposed controversial plan to slash up to 25 per cent salaries of its non-management staff after protests from employees. The airline also credited staff salaries for July on Friday.Rewind to August 2006. Bollywood superstar Shah Rukh Khan was roped in as additional director of Jet Airways. The airline had formally announced King Khan’s appointment in a notice to the Bombay Stock Exchange. It may be noted Jet Airways’ rival erstwhile Air Sahara (that was bought by Jet Airways in early 2007) had an association with Bollywood stars such as Amitabh Bachchan and Aishwarya Rai on its board of directors.
In 2009, the Badshah of Bollywood ended his three-year stint as a non-executive director on the board of the airline. The superstar did not attend a single board meeting in three years as a non-executive director, according to a report in The Telegraph. The report mentioned that Khan was not paid any sitting fees by the private airline while missing board meetings. However, the carrier did clear his other payments.
06/08/18 Times Now

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