Jet Airways Group CEO Resigns

Indian private carrier Jet Airways said on Wednesday its Group chief executive, Ravi Chaturvedi, has resigned for personal reasons.

Chaturvedi joined the company in October from consumer goods maker Procter & Gamble, where he had worked in several countries, according to Jet's web site.

"He has resigned citing personal reasons and he is going back to the United States," a company spokeswoman said.

In August, Jet's chief financial officer, Carl Saldanha, quit the company to join Indian back-office firm Firstsource.

Jet, owned by Indian billionaire Naresh Goyal, posted a loss of INR2.14 billion rupees (USD$42.9 million) for the quarter to December 2008, as high fuel prices and low occupancy rates dented its performance.

(Reuters)