Monday, 30th October 2017

E- paper

Ex-Jet Airways CEO in advisory role at GoAir

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

By PTI in Mumbai
  • Published 20.10.19, 12:37 AM
  • Updated 20.10.19, 12:37 AM
  • a min read
  •  
Vinay Dube had quit defunct Jet Airways on May 14, nearly a month after the airline ceased operations because of a severe liquidity crisis. (Sourced by Correspondent)

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 because of a 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 lookout notice against him from the ministry of corporate affairs in Jet Airways case, it (the decision) would have got in a legal tangle. Therefore, he has joined GoAir in an advisory role,” the source said.

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

Lookout circulars were issued against former Jet Airways chairman and promoter Naresh Goyal and Dube, among others, in 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.