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Three senior executives quit Jet Airways amid worsening financial situation

The exits come as the airline is struggling to pay salaries and vendors on time

Jet's unit costs increased 8.7 per cent while its unit revenue declined 3.9 per cent
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Jet’s unit costs increased 8.7 per cent while its unit revenue declined 3.9 per cent

Aneesh Phadnis Mumbai
The heads of cargo, information technology and revenue management at Jet Airways have resigned from the company amid a worsening financial situation.
A Jet spokesperson said the executives had resigned on personal grounds. Those moving out are Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management).
While Kumar and Ananthvaidyanathan are relatively recent recruits at Jet, Iyer has been with the airline for 13 years. He had indicated his desire to move on a few months earlier and is taking up a non-aviation role abroad, a source said.
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