1. Jet Airways onboards former Delta Airlines VP Vinay Dube as CEO, 15 months since Cramer Ball’s exit

Jet Airways onboards former Delta Airlines VP Vinay Dube as CEO, 15 months since Cramer Ball’s exit

Jet Airways, on Tuesday, appointed Vinay Dube as its chief executive officer (CEO). The appointment comes after almost 15 months since Cramer Ball's exit, company's last full-time CEO, who quit in February 2016.

By: | Published: May 31, 2017 1:26 AM
Jet Airways, Delta Airlines, VP Vinay Dube, CEO of Jet airways, Cramer Ball exit, Cramer Ball, Gaurang Shetty, Amit Agarwal The airline said that the appointment is subject to “receipt of all requisite government/ regulatory approvals, including his security clearance being obtained.”(Reuters)

Jet Airways, on Tuesday, appointed Vinay Dube as its chief executive officer (CEO). The appointment comes after almost 15 months since Cramer Ball’s exit, company’s last full-time CEO, who quit in February 2016. As per a PTI report, Dube’s appointment as the new CEO was approved by airline’s board during its meeting on May 30. The airline said that the appointment is subject to “receipt of all requisite government/ regulatory approvals, including his security clearance being obtained.”

“Dube is an accomplished aviation leader with over 27 years of US and international business experience,” a filing by Jet Airways said, PTI added further. As per reports, Dube last served as the vice-president at Delta Airlines. Currently, Gaurang Shetty and Amit Agarwal were working as Jet Airways’ acting CEOs. The board has also approved re-appointment of Shetty as the whole-time director. Jet Airways operates flights to 65 destinations and the group currently has a fleet of 113 aircraft.

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Prior to this, Dubey was associated with Delta Airways as the Senior Vice-president (Asia Pacific) and it has been said that under his supervision the airline had experience a massive hike in its business in East Asian countries including China, Hong Kong, Korea and Japan.

Cramer, the last CEO, had resigned from Jet Airways in December 2017, He, however, continued to work for the company till February 2016. “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 had said at the time of Cramer’s resignation.

“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.

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