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Jet Airways India Ltd Deputy CEO and CFO resigns

Jet Airways India Ltd Deputy CEO and CFO resigns

| @indiablooms | 14 May 2019, 08:27 am

Mumbai, May 14 (UNI): Jet Airways CFO and deputy CEO Amit Agarwal has resigned from the company for personal reasons, the airline said on Tuesday.

The cash-strapped airline said in a regulatory filing that the resignation is with effect from May 13.

The airline has been facing a mounting debt of more than Rs 8,000 crore. The airline has forced to ground its more planes due to non-payment of amounts outstanding to lessors under their respective lease agreements.

Meanwhile, Jet Airways’ full-time director Gautam Shetty has earlier resigned from the company's board of directors for financial reasons.

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