TIWN
New Delhi, March 5 (TIWN) The Jalan Kalrock Consortium, the Successful Resolution Applicant and the new proposed promoters of grounded airline Jet Airways, on Friday announced the appointment of Sanjiv Kapoor as the airline's Chief Executive Officer.
Jet Airways underwent the corporate insolvency resolution process under the Indian Insolvency and Bankruptcy Code and as per orders of the NCLT, Mumbai Bench, the resolution plan for Jet Airways submitted by the Jalan Kalrock Consortium was approved. Kapoor, who is currently President of Oberoi Hotels and Resorts, will join the airline on April 4, 2022, the consortium said in a statement. Prior to joining the Oberoi Group, he was the Chief Strategy and Commercial Officer at Vistara, a TATA - Singapore Airline Joint Venture, from 2016 until 2019. "During Sanjiv's tenure, the airline grew from 9 aircraft and 40 flights a day to 38 aircraft and over 200 flights a day. All of Vistara's revenue generating and customer facing functions, as well as strategy, network planning, marketing, loyalty, inflight services, ground services, and product development reported up to him," the statement said. Kapoor was earlier also a part of SpiceJet.
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