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Jet Airways chief resigns

Jet Airways chief executive Vinay Dube has resigned.

In a statement to the Bombay Stock Exchange, the Indian carrier says Dube is stepping down "with immediate effect due to personal reasons".

Dube became Jet's chief in August 2017, having previously served as senior vice-president for Asia-Pacific at Delta Air Lines.

Jet also today disclosed the resignation of finance chief Amit Agarwal, likewise citing personal reasons.

The carrier suspended operations on 17 April, after it was unable to secure emergency funding.

A process to find new strategic investors is ongoing. Etihad Airways has confirmed its willingness to "reinvest" in the stricken airline but would require other suitable investors to assist in the recapitalisation.

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