Jet Airways CEO Vinay Dube has resigned with immediate effect, just hours after the distressed airline's deputy CEO and CFO Amit Agarwal had put in his papers.
Dube, who had joined the airline in August 2017, "has resigned from the services of the company with immediate effect due to personal reasons," Jet Airways said in a statement.
Sources added the airline's Chief People Office Rahul Taneja has also resigned.
Kuldeep Sharma, Company Secretary and Compliance Officer, has also resigned from the services of the Company with immediate effect.
The top-level exits come even as lenders are working with Etihad Airways, which was the only shortlisted bidder to put in a bid.
The airline seized operations temporarily around mid-April due to an acute liquidity crisis. Most of the airline's board members have also quit in the last month.
The resignations have given rise to wide speculation.
Senior executives from the industry said the management may have taken the decision after it was revealed that Etihad has offered to take just a minority share in Jet Airways.
14/05/19 Moneycontrol.com
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Dube, who had joined the airline in August 2017, "has resigned from the services of the company with immediate effect due to personal reasons," Jet Airways said in a statement.
Sources added the airline's Chief People Office Rahul Taneja has also resigned.
Kuldeep Sharma, Company Secretary and Compliance Officer, has also resigned from the services of the Company with immediate effect.
The top-level exits come even as lenders are working with Etihad Airways, which was the only shortlisted bidder to put in a bid.
The airline seized operations temporarily around mid-April due to an acute liquidity crisis. Most of the airline's board members have also quit in the last month.
The resignations have given rise to wide speculation.
Senior executives from the industry said the management may have taken the decision after it was revealed that Etihad has offered to take just a minority share in Jet Airways.
14/05/19 Moneycontrol.com
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