Jet Airways’ struggles continue with CFO resignation

Darren Wood
By Darren Wood May 14, 2019 14:36

Jet Airways’ struggles continue with CFO resignation

Troubled airline Jet Airways’ has announced its deputy chief executive and chief financial officer (CFO) Amit Agarwal has resigned, effective immediately.

In a regulatory filing, Jet Airways said: “We wish to inform that Amit Agarwal, the deputy chief executive officer and CFO of the company, has resigned from service due to 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.

Darren Wood
By Darren Wood May 14, 2019 14:36