Jet Airways CEO-Designate Sanjiv Kapoor quits; JKC says remains committed to airline revival

Jet Airways CEO-Designate Sanjiv Kapoor quits; JKC says remains committed to airline revival

Mumbai, Apr 28 (PTI) A little over a year after coming onboard to revive bankrupt-Jet Airways, CEO-Designate Sanjiv Kapoor has quit the airline even while its winning bidder Jalan Kalrock consortium asserted that it is committed to the airline's revival.

The resignation of Kapoor, which follows a string of senior executives quitting the grounded airline in recent months, is the latest air pocket faced by Jet Airways, which shuttered operations back in April 2019.

After flying for more than 25 years, the once-storied Jet Airways went into an insolvency resolution process and the Jalan Kalrock Consortium (JKC) emerged as the winning bidder. However, the ownership transfer process has been facing headwinds for long.