Skift Take
Jet Airways will need to quickly find an experienced airline executive as the Indian carrier faces increasing pressure from Etihad’s board and AirAsia’s new Indian venture.
Jet Airways (India) Ltd. said its Chief Executive Officer Nikos Kardassis resigned, less than two months after the carrier agreed to sell a stake to Etihad Airways PJSC.
Chief Operating Officer Hameed Ali will lead the airline until the board identifies a new chief executive, the Mumbai- based company said in a stock exchange filing today. Kardassis, who became CEO of the carrier for a second time in October 2009, resigned with effect from June 5.
The new CEO faces a challenge to end six years of losses and pare debt at Jet Airways as co