Jet Airways Revival: Aviation veteran Sanjiv Kapoor to pilot as CEO

To make a comeback after being grounded for three years, Jet Airways has appointed aviation veteran Sanjiv Kapoor as the chief executive officer (CEO) of the airline. Kapoor will join the new and revived Jet Airways on April 4.

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Who's Sanjiv Kapoor?

Sanjiv Kapoor, who has previously worked as chief operating officer at SpiceJet and chief strategy and commercial officer at Vistara, was currently serving as President of Oberoi Hotels on Thursday.

Overall, Kapoor has experience of more than two decades in the airline industry.

He pursued an MBA from the Wharton School of the University of Pennsylvania.He has a BA in computer science from Dartmouth College, U.S.

Reviving Jet Airways

The appointment comes days after the airline brought in former Sri Lankan Airlines CEO Vipula Gunatileka as the chief financial officer.

Speaking on his accepting the role as the Chief Executive Officer, Sanjiv Kapoor said “ Even though Jet Airways has been out of operation for three years, it still has a large fan base of loyal customers who miss it every day and can’t wait for it to take to the skies again. Working together with a very strong team of experienced aviation professionals that is being put together by the Jalan-Kalrock Consortium, I look forward to leading the charge in rebuilding Jet Airways into the most preferred customer-oriented airline once again, a people-focused airline for the digital age.”

Grounded Jet Airways

Founded, and led by Naresh Goyal for over 25 years, Jet Airways was grounded on 17 April 2019 after it ran out of cash. The airline’s flying license or AOP was also made dormant months after it stopped flying in April 2019.

The Jalan Kalrock consortium emerged as bidder after the National Company Law Tribunal (NCLT) approved its resolution plan for Jet Airways.

The Jalan Kalrock consortium promoted Jet Airways, which has not flown since April 17, 2019, will likely restart its operations this summer.