Ex-CEO-designate Jet Airways Kapoor joins Saudia as advisor to its director general aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Business at LatestLY. Sanjiv Kapoor, the former CEO-designate of grounded carrier Jet Airways has joined Jeddah-based Saudi national airline Saudia as advisor to its Director General Ibrahim Al-Omar. Kapoor confirmed his appointment, but didn t elaborate. Business News | Ex-CEO-designate Jet Airways Kapoor Joins Saudia as Advisor to Its Director General.
CEO Sanjiv Kapoor and the CFO Vipula Gunatilleka have both taken temporary cuts of over 50%. Kapoor said: “These are all good people who have been working hard to try to do what has never been done before: revive an airline that has gone bankrupt. However, with the ownership transfer timeline slipping due to factors outside our control, some temporary hard decisions had to be taken.”