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Subodh Karnik, Chief Operating Officer (Designate), Jet Airways, has quit. The resignation comes weeks after the airline announced that it had received approval from the Ministry of Civil Aviation to appoint Cramer Ball as the company’s Chief Executive Officer.
Confirming the development, the airline said, in a statement, that Karnik will be returning to Atlanta in the US to be closer to his wife and children, who were unable to move to India. “He will continue to work with Jet Airways in an advisory capacity on key strategic initiatives,” the statement added.
Karnik joins the growing list of senior officials who have quit Jet Airways, including former CEO Nikos Kardassis, since it sold a 24 per cent stake to Etihad in April last year for ₹2,015 crore.
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