Jet Airways (India) Limited informed that Sanjiv Kapoor, CEO-designate of the Company, has resigned from his position Kapoor's resignation comes two weeks prior to the 180-day period provided by a bankruptcy court to the JKC for making payments to creditors and employees. Kapoor, a US citizen, was roped in by JKC a little over a year ago to revive the airline that ceased operations in 2019. Kapoor was named the CEO of Jet Airways on April 4, 2022, a month before the airline got its Air Operator's Permit (AOP) from the Directorate General of Civil Aviation (DGCA) - a crucial regulatory requirement which was to become the basis for getting the full-service carrier back in the air.
While Kapoor is among the last of the senior executives to leave the airline, his decision to quit follows the resignations by most of the staff of Jet Airway's 2.0. In the past week alone, senior employees such as the
company secretary, accountable manager and chief security officer put in their papers. A travel industry veteran, Kapoor's previous stint in the airline industry was with Vistara where he was the chief strategy and commercial officer. Prior to joining the Tata-SIA airline, Kapoor was the chief operating officer at SpiceJet. He had briefly worked with the luxury hotel chain Oberoi Hotels & Resorts as president. Kapoor is an MBA from Wharton School.