Jet Airways on 17 December 2015 announced that its Chief Executive Officer (CEO) Cramer Ball has resigned from the post with effect from 29 February 2016.
Jet's director Gaurang Shetty will be the acting CEO of the airline.
Ball was appointed as Jet’s CEO in May 2014 when the airline was witnessing an exodus of top management after the airline sold 24 percent stake to Abu Dhabi's Etihad in 2013.
On the other hand, loss-making Italian airline Alitalia on 17 December 2015 announced that it had appointed Ball as its new CEO.
About Cramer Ball
• Aviation industry turnaround expert, Cramer Ball has spent more than 20 years in the industry.
• As CEO of Jet Airways, he helped bring the airlines back on track to profitability.
• Prior to joining Jet Airways, he worked as the CEO of Air Seychelles.
• Prior to joining Air Seychelles, Ball was a regional general manager for the Abu Dhabi-based carrier.
Now get latest Current Affairs on mobile, Download # 1 Current Affairs App
DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.
Japan and South Korea reached Agreement on Issue of Comfort Women
Union Cabinet approved construction of 69 bridges on trilateral highway in Myanmar
Union Cabinet approved MoU between India & Jordan for promoting cooperation in IT & Electronics
Dr Gyanendra D Bandgaiyan appointed DG of National Centre for Good Governance