Jet Airways slips 4% as former CEO Nikos Kardassis leaves firm

Shares of Jet Airways fell as much as 4 per cent on BSE after news reports suggested Nikos Kardassis, the former CEO, has parted ways with it

Shares of Jet Airways fell as much as 4 per cent on BSE in early deals on Monday after news reports suggested Nikos Kardassis, the former CEO of private airline, who made a comeback to the carrier in an advisory role and was tasked to turnaround the cash-strapped airline, has once again parted ways with it.

The former chief executive parted ways with the airline after Naresh Goyal initiated discussions with his investment partner Etihad Airways for further stake sale to garner funds, said a PTI report.

The UAE national carrier Etihad Airways holds 24 per cent stake in Jet Airways, which