The CEO-designate of Jet Airways, Sanjiv Kapoor, has stepped down from his position, according to a statement released by Jalan Kalrock Consortium (JKC), which is preparing to acquire the grounded airline. Kapoor, an experienced aviation professional, had assumed the role of CEO of Jet Airways in April of last year. The JKC announced that the executive committee will take over Kapoor’s responsibilities until a successor is appointed.
In a statement released by JKC, Kapoor expressed his pride in having been a part of the team that revived Jet Airways, which had been one of India’s most beloved airlines for the 25 years prior to its closure in 2019. “I am proud to have been part of a fantastic team that came together with JKC to create history by reviving an airline for the first time in India. It is not an ordinary airline we set out to revive-it is Jet Airways was one of the most loved airlines in India for the last 25 years it operated before ceasing operations in 2019.”
“Sanjiv joined us in April 2022 to spearhead the revival of Jet Airways, and drove the business and launch plan as we prepared to re-start the commercial operations of Jet Airways JKC is grateful to Sanjiv for his contribution to the launch plans of Jet Airways during his time with us and we wish him the very best for his future endeavours,” said Ankit Jalan, board member of JKC.