Sanjiv Kapoor, CEO-designate of grounded airline Jet Airways, has resigned from the company even as an impasse between lenders and Jalan-Kalrock Consortium (JKC) remains unresolved. However, JKC said in a statement that the revival plans for the airline remains on track and a new CEO will be announced soon.
Kapoor’s resignation comes two weeks prior to the 180-day period provided by a bankruptcy court to the JKC for making payments to creditors and employees.
