SpiceJet - Current Affairs Questions and Answers

1)   Which SpiceJet executive has stepped down on 29th October 2015?

a. Ajay Singh
b. Sanjiv Kapoor
c. Arjun Kapoor
d. None of the above
Answer  Explanation 

ANSWER: Sanjiv Kapoor

Explanation:
SpiceJet COO Sanjiv Kapoor has put in his papers close to 10 months after the original promoter Ajay Singh took over the budget airline. Kapoor had been appointed by K. Maran in November 2013. Carrier has seen many exits of senior level executives such as Chief Commercial Officer Kaneswaran Avili and IT head Sudhakar Kondisetty.
2)   SpiceJet has received shareholder approval for the appointment of which executive as its MD?

a. Abhay Singh
b. Ajay Singh
c. Sanjiv Kapoor
d. None of the above
Answer  Explanation 

ANSWER: Ajay Singh

Explanation:
Low cost carrier SpiceJet has received shareholder approval for appointment of Ajay Singh as MD by the board for a 3 year period. The shareholders gave the approval through a postal ballot. Singh was the original co founder of the airlines. He gained 58.46% stake from promoters Kalanithi Maran and Kal Airways Pvt Ltd to return to the fold.

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