Jet Airways Gets Ex Vista Sanjiv Kapoor As New CEO To Traverse Rough Skies
As Jet Airways tries to resettle itself in the aviation skies again, it has a new CEO to guide the traffic. Sanjiv Kapoor will be handling the reigns from April first week and would be taking the company to heights using his two-decade worth experience in the aviation industry.
His name was announced by Jalan Kalrock Consortium, the new proposed promoters of Jet Airways. He has been chosen as the “Successful Resolution Applicant” in the recently concluded board meeting.
Kapoor pursued MBA in 1996 from Wharton (University of Pennsylvania), and his BA in 1990 in Computer Science and Government from Dartmouth College. He is pass out from La Martiniere, Kolkata and works currently as President for Oberoi Hotels & Resorts. Jet Airways is being re-established under the new management of Murari Lal Jalan and Kalrock Capital Partners.
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It will therefore be using Mr. Kapoor’s rich experience in the field of hospitality and aviation too. Prior to joining the Oberoi Group, Kapoor was the Chief Strategy and Commercial Officer at Vistara, a TATA – Singapore Airline Joint Venture, from 2016 until 2019. Before joining Vistara, Kapoor was SpiceJet’s COO and de facto CEO from November 2013 until October 2015.
Kapoor started his airline career with Northwest Airlines (now merged with Delta) in the US in 1997, where he worked in finance and corporate planning. In 2004, he joined Bain and Company (in Singapore, and subsequently in Dallas and London) as a leader in their airline practice. Jet Airways underwent the corporate insolvency resolution process under the Indian Insolvency and Bankruptcy Code from 20 June 2019 until 22 June 2021 and as per orders of the NCLT, Mumbai Bench, the resolution plan for Jet Airways submitted by the Jalan Kalrock Consortium was approved.
