Jet Airways says its vice president of operations, Sudhir Gaur, has left the company

Jet Airways says its vice president of operations, Sudhir Gaur, has left the company

Jet Airways on Wednesday said its VP-tasks, Sudhir Gaur, who was assigned as the airline’s ‘accountable manager’, has stopped the organization. The grounded airline, which is relied upon to continue tasks this year under its new promoters Murari Lal Jalan-Kalrock consortium, in a regulatory filing explained that Gaur was not the interval CEO of the organization. It additionally said the Monitoring Committee at its meeting on January 5 has given its “in-principle approval” to the designation of Priyapal Singh as the new ‘accountable manager’ of the organization. Jet Airways ceased operations in April 2019.

It said that the day-to-day operations and management of the company are being carried out by the monitoring committee constituted under the Resolution Plan as approved by the National Company Law Tribunal (NCLT).

“Sudhir Gaur is not the ‘interim CEO’ of the company as reported by certain news agencies. Gaur, who recently resigned from the company, was employed in July 2021 as VP- Operations and designated as the ‘accountable manager’ of the company (for the purposes of the requirements under civil aviation laws and regulations),” Jet Airways said in the filing.

“On account of Sudhir Gaur vacating the office of the accountable manager, the Monitoring Committee has provided their in-principle approval to the nomination of Priyapal Singh as the new accountable manager of the company in its meeting held today (January 5, 2022),” the firm stated, adding Jet Airways has not yet appointed its CEO.

The consortium had on December 17 last year said that Jet Airways 2.0 plans to start domestic operations at the earliest in 2022 as a full-service carrier.

On June 22 last year, the NCLT approved the consortium’s resolution plan for grounded Jet Airways, subject to certain conditions. A seven-member Monitoring Committee has also been formed to manage the day-to-day affairs of Jet Airways till the insolvency resolution process is complete.

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