India’s Jet Airways chief executive Vinay Dube has resigned with immediate effect. Dube’s departure comes on the same day chief financial officer and deputy-CEO Amit Agarwal quit. In a statement to the stock exchange, the airline said that both executives resigned because of personal reasons. The grounded carrier seized all flights on mid-April after it said it was unable to pay for fuel or other critical services to keep the operations going. The announcement sent Jet Airways shares fall 10% in early morning trade.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register