Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ News / India/  Former Jet Airways CEO-designate Sanjiv Kapoor joins Saudia Group airlines
BackBack

Former Jet Airways CEO-designate Sanjiv Kapoor joins Saudia Group airlines

The appointment of Sanjiv Kapoor comes at a time when Saudia Group is planning a major expansion and is in the process of ordering 39 wide-body 787 Dreamliner planes from Boeing

Sanjiv Kapoor, the former CEO-designate of the grounded air carrier Jet AirwaysPremium
Sanjiv Kapoor, the former CEO-designate of the grounded air carrier Jet Airways

Sanjiv Kapoor, the former CEO-designate of the grounded air carrier Jet Airways informed on Wednesday that he has joined Saudi Arabia's national airline Saudia Group. Sanjiv Kapoor joined the Jeddah-based airline as an advisor to Ibrahim Al-Omar, the Director General of the Group.

“I am thrilled to share that I have joined the Saudia Group as Advisor to His Excellency Ibrahim Al-Omar, Director General of the Group," Sanjiv Kapoor said in a LinkedIn post.

Sanjiv Kapoor's LinkedIn post added that he will work with the airline in commitment to Saudi Arabia’s Vision 2030, which aims to attract more than 100 million visitors to the Kingdom.

“One of the three pillars of Saudia Arabia’s Vision 2030 is the transformation of its advantaged strategic location into a global hub connecting three continents, Asia, Europe, and Africa, while simultaneously attracting 100M annual visitors to the Kingdom. Aviation will play a key role in this, and the role and transformation of the Saudi flag carrier Saudia and creation of Riyadh Air are key parts of the strategy," Sanjiv Kapoor added.

The appointment of Sanjiv Kapoor comes at a time when Saudia Group is planning a major expansion and is in the process of ordering 39 wide-body 787 Dreamliner planes from Boeing.

Sanjiv Kapoor decided to step down from the position of CEO-designate of Jet Airways in April, one year after his appointment to the position.

“I am proud to have been part of a fantastic team that came together with JKC to create history by reviving an airline for the first time in India. It is not an ordinary airline we set out to revive-it is Jet Airways was one of the most loved airlines in India for the last 25 years it operated before ceasing operations in 2019," Sanjiv Kapoor said in a statement.

Sanjiv Kapoor has earlier served as the President of Oberoi Hotels and Resorts, Chief Strategy Officer at Vistara Airlines and Chief Operating Officer at SpiceJet. 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 17 May 2023, 06:13 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App