Delhi based Indian airline Jet Airways’ CEO-designate Sanjiv Kapoor, has quit the airline bringing an end to his role in the company according to sources. His last working day at office was today on the 28th of April, 2023.
Originally, the aviation expert had joined Jet Airways as their Chief Executive Officer (CEO) on 4 April, 2022.
The airline had undergone a corporate insolvency resolution process under the Indian Insolvency and Bankruptcy laws in 2019. After whih, several rounds of bidding were conducted where the Jalan-Kalrock Consortium emerged as the only successful resolution applicant for Jet Airways. And in June 2021, the airline received a new lease of life paving the way for its revival.
As per one of CNBCTV18 earlier reports, it was allegedly reported that Sanjiv Kapoor had been asked to avoid using the title of his office as “CEO of Jet Airways” by the head of the Jet Airways management committee. Including the erstwhile Resolution Professional Ashish Chhawchharia, which is why he is often referred to in the media as “CEO-designate” as opposed to the traditional CEO title.
Kapoor is an alumnus of the acclaimed La Martiniere School in Kolkata. After which he received an MBA from Wharton (University of Pennysylvania) and remained as the chief strategy and commercial officer at Vistara where he oversaw strategy, marketing, network planning and other functions.