Thursday, September 17, 2020

Two more senior executives at GoAir quit

Mumbai: Budget carrier GoAir continues to see the exodus of senior management level personnel with two more executives, including its Head of Flight Operations Nikhil Ved, parting ways with the Nusli Wadia-promoted no-frills airline, sources familiar with the development have said.

Their departure comes close on the heels of half-a-dozen other senior executives, including the then CEO Vinay Dube quitting the carrier last month, whose majority of the employees are on “Leave Without Pay” mode for the last many months.

Covid-19 has impacted the aviation sector globally due to suspension of visa and travel services by many countries, including India, to combat the pandemic, with airlines struggling for survival in a low demand environment.

The revenue of domestic airlines dropped by 85.7 per cent to ₹3,651 crore in the June quarter from ₹25,517 crore during April-June period 2019, the government informed Parliament on Wednesday.

“After the resignation of some six senior executives in recent past, two more GoAir senior officials --head of flight operations Nikhil Ved and senior GM flight operations Manoj Arora-- have left the carrier,” said a source.

Significantly, Ved had moved to the budget carrier from Jet Airways after it ceased operations in April last year. He joined the airline following Dubey, the former Jet Airways CEO, boarded the Wadia’s carrier first as an advisor and then stepped into the position of the CEO.

“Ved’s exit from the carrier was a foregone conclusion after Dubey was removed from the job last month,” said another source.

GoAir, in an e-mail response to PTI on the quitting of the two executives said, “GoAir like any other carrier worldwide has been impacted by the unprecedented scenario owing to Covid-19...the airline has attempted to control costs wherever possible and is continually looking at several areas to optimise costs. In this context, the airline is taking steps to realign the organisation structure.”

It also said it has taken “proactive measures in time to ensure that it remains agile, cost-effective and scalable.”

16/09/20 PTI/Business Line

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