This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.

Jet Airways CEO Cramer Ball Resigns

Jet Airways CEO Cramer Ball Resigns
OMNI FLYERS - the aviation journal/ facebook

MUMBAI -- Jet Airways chief executive officer Cramer Ball has resigned and the airline's whole-time director Gaurang Shetty will work as acting CEO in his place, Jet Airways announced today.

Ball's resignation will be effective from February 29 next year, it said.

Jet Airways had appointed Ball as its CEO in May last year.

Ball has quit the airline to pursue a new opportunity, in Europe for family reasons, it said.

"Cramer has, during his tenure, made a significant contribution in the journey to turn around Jet Airways. The company recorded two consecutive profitable quarters after a gap of eight years," Jet Airways Chairman Naresh Goyal said in release.

Shetty, will now lead the operating committee in managing the day-to-day operations of the company, the release said, adding that he will be functioning under the supervision and control of the Board of Directors, chaired by Goyal.

"I am honoured to have been able to play a part in the turnaround of Jet Airways, as it moves towards long-term sustainable profitability... I am pleased with the progress that has been made," Ball said on his resignation.

Contact HuffPost India

Also see on HuffPost:

Because good decisions are totally out of the question.

New Year's Someecards

Close
This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.