{"id":367898,"date":"2020-08-17T08:38:46","date_gmt":"2020-08-17T03:08:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367898"},"modified":"2020-08-17T08:40:50","modified_gmt":"2020-08-17T03:10:50","slug":"vinay-dube-quits-goair-in-an-instant-kaushik-khona-replaces-him-as-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vinay-dube-quits-goair-in-an-instant-kaushik-khona-replaces-him-as-ceo\/","title":{"rendered":"Vinay Dube quits GoAir in an instant, Kaushik Khona replaces him as CEO"},"content":{"rendered":"<p>GoAir today appointed Kaushik Khona as its new chief executive officer, in place of Vinay Dube. who is leaving the airline with immediate effect. <\/p>\n<p>This would be Khona&#8217;s second stint as CEO of GoAir. Under his watch between 2009-2011 the airline had seen an improvement in load factors and revenue. Khona has been instrumental in the turnaround of various companies, the airline said on his appointment. <\/p>\n<p>Khona&#8217;s turnaround skills will be put to test again as the aviation sector is facing its worst crisis due to Covid-19. GoAir is facing a liquidity crisis and has seen a credit rating downgrade. The airline&#8217;s cash and bank balance halved to Rs 72.5 crore on a sequential basis in the June quarter. Earlier this week it was put on a cash-and-carry basis by Airport Authority of India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GoAir today appointed Kaushik Khona as its new chief executive officer, in place of Vinay Dube. who is leaving the airline with immediate effect. This would be Khona&#8217;s second stint as CEO of GoAir. Under his watch between 2009-2011 the airline had seen an improvement in load factors and revenue. Khona has been instrumental in the turnaround of various companies, the airline said on his appointment. Khona&#8217;s turnaround skills will be put to test again as the aviation sector is facing its worst crisis due to Covid-19. GoAir is facing a liquidity crisis and has seen a credit rating downgrade. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-367898","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367898"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367898\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}