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Jet Airways India Ltd's CEO Nikos Kardassis Resigns-Business Standard

Friday, 7 Jun 2013 09:32am EDT 

Business Standard reported that Jet Airways India Ltd Chief Executive Officer (CEO) Nikos Kardassis has stepped down, the airline informed the Bombay Stock Exchange on June 6, 2013. Kardassis's resignation is seen as a part of wider revamp of the airline's senior management subsequent to Etihad Airways investment. The airline is yet to make a new appointment in Kardassis's place and Capt Hameed Ali will continue to function as the acting CEO. Ali, a Bahraini national, is Chief Operating Officer in the airline and he signed the deal with Etihad in April. Kardassis has been on a medical leave from April onwards. Sources have indicated that there could be more changes in the airline's management but none have been finalised yet.