Don’t miss the latest developments in business and finance.

Jet Airways acting CEO quits

He is the third top executive in the past year to part ways with the private airline

Press Trust of India Mumbai
Last Updated : May 03 2014 | 12:43 AM IST
Top-level exits at Naresh Goyal-promoted Jet Airways continued on Friday, with chief financial officer and acting chief executive officer (CEO) Ravishankar Gopalakrishnan quitting. The company did not give a reason for the resignation, which comes less than four months after Gopalakrishnan took over additional responsibility as CEO after Garry Toomey left mid-January. He is the third top executive in a year to part ways with the airline, in which Gulf carrier Etihad Airways holds a 24 per cent stake. After Jet announced the signing of the deal with Etihad last April, then CEO Nikos Kardassis quit.

The Mumbai-based airline brought in Toomey, an Australian considered close to Etihad CEO and President James Hogan, in June. He quit after a little over six months.

More From This Section

First Published: May 03 2014 | 12:43 AM IST

Next Story