Etihad tightens grip on Jet Airways

The boss of Jet Airways, the loss-making Indian airline, has resigned, the company said.

The resignation of chief executive Nikos Kardassis was effective from 5 June, the company announced.

He has been replaced by chief operating officer Hameed Ali until a permanent replacement is found.

Jet did not give reasons for the resignation but observers believe new shareholder Etihad Airways has been keen to push through board changes.

Full report here BBC


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