Jet's air operator certificate was revalidated last May and will lapse on May 19 if it doesn't secure an extension
He had joined the airline as the Chief Executive Officer in April last year. The source said that Friday was the last working day for Kapoor at the airline
The monitoring committee consists of seven members: Chhawchharia is a non-voting member, three voting members selected by lenders and three voting members selected by JKC
The consortium had in March last year announced the appointment of Kapoor as the CEO of the airline with effect from April 4, 2022
CEO Sanjiv Kapoor said on Twitter on Friday that "two-thirds of staff are not impacted at all" by the cost-cutting measures
The Kalrock-Jalan consortium which is reviving the grounded airline on Monday announced the appointment of senior executives in charge of engineering, inflight product and services, sales, and digital
Jet Airways has not operated since April 17, 2019
It will be following the footsteps of Vistara, which had started hiring male cabin crew in March 2018, approximately three years after it was launched
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Expected to take to the skies again by the third quarter of CY2022, Jet will be the first bankrupt airline to be revived
Chief Strategy Officer Vinod Kannan will take over as the CCO from Kapoor, who joined the airline in March 2016
Interview with Chief Commercial and Strategy Officer, Vistara
Interview with Chief strategy officer, Vistara