Former Jet Airways CEO Vinay Dube joins GoAir in advisory role

Dube boarded the Wadia group-promoted carrier last week, the source added

Jet Airways
Jet Airways
Press Trust of India
1 min read Last Updated : Oct 19 2019 | 9:20 PM IST
Former Jet Airways chief executive Vinay Dube has joined budget carrier GoAir in an advisory role, a source said on Saturday.
 
Dube had quit defunct Jet Airways on May 14, nearly a month after the airline ceased operations due to severe liquidity crisis.

According to the source, GoAir wanted to hire him for the position of the CEO, which is lying vacant since March this year.

"However, since there is a look-out notice against him from the Ministry of Corporate Affairs in Jet Airways case, it (the decision) would have got in legal tangle. Therefore, he has joined GoAir in an advisory role," the source told PTI.

Dube boarded the Wadia group-promoted carrier last week, the source added.

A response is waited on the query sent by PTI on the development.

Lookout circulars were issued against former Jet Airways chairman and then promoter Naresh Goyal and Dube, among others, in late May for alleged financial irregularities at the airline.

The circular is issued against a person directing the immigration authorities to ensure that he or she does not leave India through an airport or seaport. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Jet Airways

Next Story