Aviation

Two more senior officials resign at Jet Airways

Updated : May 16, 2019 07:19 AM IST

Senior VP-network and revenue management Raj Sivakumar and senior VP-finance Ravichandran Narayan are learnt to have submitted their resignations, the sources said.

On Tuesday, the top leadership at Jet Airways started crumbling with the resignation of CFO Amit Agarwal in the morning, followed by CEO Vinay Dube, Chief People Officer Rahul Taneja and company secretary Kuldeep Sharma.

A day after the top leadership brass resigned from their respective positions at Jet Airways with immediate effect, two more officials have quit, multiple sources told CNBC-TV18.

Senior VP-network and revenue management Raj Sivakumar and senior VP-finance Ravichandran Narayan are learnt to have submitted their resignations, the sources said.

Sivakumar joined the company in November 2017 and had brought with him close to two decades of global aviation experience with international carrier like United Airlines.

Ravichandran had over two-and-half decades of experience spanning treasury, corporate finance and project finance in diversified sectors of manufacturing, international trading, aviation and hospitality.

Dube, Agarwal and Sharma resigned with immediate effect where Dube and Agarwal both cited "personal reasons" for their exit.

The resignations of the top four officials are expected to cause a spike in attrition levels at the airline as the company has largely become headless.

Jet Airways seized operations temporarily around mid- April due to the acute liquidity crisis. Most of the airline's board members have also quit in the last month.

Two more senior officials resign at Jet Airways

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