Jet Airways - Current Affairs Questions and Answers

1) Jet Airways has appointed whom as the CFO on 22nd December 2015?

a. Amit Agarwal
b. Ashok Singhal
c. Dileep Sen
d. None of the above

Answer Explanation
ANSWER: Amit Agarwal Explanation: Jet Airways on 22nd December 2015 appointed Amit Agarwal as CFO, prior to which he was the CFO of Suzlon Energy. He will be responsible for financial and fiscal management aspects of the airline business. He has also worked with Arcelor Mittal and Essar Steel prior to this.

2) Jet Airways CEO Cramer Ball has resigned to be replaced by which executive as acting CEO?

a. Gaurang Shetty
b. Silvano Cassano
c. Naresh Goyal
d. None of the above

Answer Explanation
ANSWER: Gaurang Shetty Explanation: Jet Airways, India’s second largest airline by market share, saw the resignation of its CEO Cramer Ball w.e.f February 29, 2016. Ball has stepped down to pursue new opportunities in Europe for family reasons. Whole time director at the airline G. Shetty will be acting CEO. Ball joined Jet Airways last year. He will now work for Italian airline Alitalia as the CEO, replacing Silvano Cassano who quit the company in September 2015. Jet was trying to implement a turnaround strategy and Etihad Airways has a 24% stake in the airline, the first time a company has made profits in the second quarter in 8 years.

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